SteelPeak Wealth LLC Purchases 29,862 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

SteelPeak Wealth LLC lifted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 272.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,810 shares of the company’s stock after acquiring an additional 29,862 shares during the period. SteelPeak Wealth LLC owned approximately 0.27% of Putnam Focused Large Cap Value ETF worth $1,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PVAL. Glenmede Trust Co. NA increased its holdings in Putnam Focused Large Cap Value ETF by 29.5% in the third quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock worth $77,364,000 after purchasing an additional 464,165 shares in the last quarter. Amplius Wealth Advisors LLC increased its stake in shares of Putnam Focused Large Cap Value ETF by 10.3% in the 4th quarter. Amplius Wealth Advisors LLC now owns 1,727,791 shares of the company’s stock valued at $64,136,000 after acquiring an additional 161,154 shares in the last quarter. CWM LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at $61,000,000. Opal Wealth Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 10.2% during the third quarter. Opal Wealth Advisors LLC now owns 1,189,265 shares of the company’s stock worth $45,121,000 after acquiring an additional 110,513 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Putnam Focused Large Cap Value ETF by 49.7% in the second quarter. Cetera Investment Advisers now owns 1,031,872 shares of the company’s stock worth $37,457,000 after purchasing an additional 342,418 shares during the period.

Putnam Focused Large Cap Value ETF Trading Down 0.1 %

PVAL opened at $38.74 on Thursday. The company has a market cap of $583.04 million, a P/E ratio of 16.48 and a beta of 0.82. The company has a fifty day moving average price of $38.30 and a two-hundred day moving average price of $37.76. Putnam Focused Large Cap Value ETF has a 1-year low of $31.95 and a 1-year high of $40.07.

Putnam Focused Large Cap Value ETF Company Profile

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.