Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Sold by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated cut its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 37.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,096 shares of the company’s stock after selling 17,794 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Putnam Focused Large Cap Value ETF were worth $1,114,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. purchased a new position in Putnam Focused Large Cap Value ETF during the second quarter worth $40,000. Allworth Financial LP raised its holdings in shares of Putnam Focused Large Cap Value ETF by 79.8% in the third quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock worth $98,000 after acquiring an additional 1,145 shares during the last quarter. Verdence Capital Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at $205,000. Finally, Cozad Asset Management Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at $208,000.

Putnam Focused Large Cap Value ETF Stock Up 0.8 %

PVAL opened at $39.28 on Friday. The firm has a market cap of $591.16 million, a P/E ratio of 16.48 and a beta of 0.82. The business’s fifty day simple moving average is $38.21 and its 200 day simple moving average is $37.83. Putnam Focused Large Cap Value ETF has a 52 week low of $32.00 and a 52 week high of $40.07.

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.