New England Private Wealth Advisors LLC Has $6.28 Million Stock Holdings in Putnam Focused Large Cap Value ETF $PVAL

New England Private Wealth Advisors LLC raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,765 shares of the company’s stock after buying an additional 13,331 shares during the quarter. New England Private Wealth Advisors LLC owned 0.08% of Putnam Focused Large Cap Value ETF worth $6,278,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PVAL. Global Retirement Partners LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 4th quarter valued at $58,000. International Assets Investment Management LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth $62,000. Fifth Third Bancorp acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth $63,000. Franklin Resources Inc. acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter worth $94,000. Finally, Signaturefd LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth $120,000.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL opened at $50.36 on Friday. The firm has a market cap of $10.24 billion, a P/E ratio of 17.86 and a beta of 0.85. Putnam Focused Large Cap Value ETF has a 52-week low of $37.56 and a 52-week high of $50.53. The business’s fifty day moving average is $48.03 and its 200-day moving average is $46.81.

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.