Allworth Financial LP Buys 1,145 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Allworth Financial LP grew its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 79.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,580 shares of the company’s stock after acquiring an additional 1,145 shares during the period. Allworth Financial LP’s holdings in Putnam Focused Large Cap Value ETF were worth $98,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Putnam Focused Large Cap Value ETF during the second quarter valued at approximately $272,000. Sanctuary Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the second quarter valued at approximately $425,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of Putnam Focused Large Cap Value ETF by 250.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 130,023 shares of the company’s stock valued at $4,720,000 after acquiring an additional 92,916 shares in the last quarter. SeaCrest Wealth Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $1,169,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 0.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 582,076 shares of the company’s stock valued at $21,129,000 after acquiring an additional 3,895 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

Putnam Focused Large Cap Value ETF stock opened at $37.64 on Friday. The company has a market capitalization of $566.48 million, a PE ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a fifty-two week low of $27.93 and a fifty-two week high of $38.65. The company has a 50 day moving average price of $37.68 and a 200-day moving average price of $36.61.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, September 6th were paid a $0.121 dividend. The ex-dividend date of this dividend was Friday, September 6th.

About Putnam Focused Large Cap Value ETF

The Putnam Focused Large Cap Value ETF (PVAL) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US. The fund utilizes the Fidelity non-transparent model. PVAL was launched on May 25, 2021 and is managed by Putnam.