Mayflower Financial Advisors LLC Makes New Investment in Putnam Focused Large Cap Value ETF $PVAL

Mayflower Financial Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,730 shares of the company’s stock, valued at approximately $823,000.

Other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 1st quarter valued at about $27,000. Parkside Financial Bank & Trust bought a new stake in Putnam Focused Large Cap Value ETF in the 4th quarter worth approximately $52,000. MCF Advisors LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter worth approximately $53,000. Global Retirement Partners LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter worth approximately $58,000. Finally, International Assets Investment Management LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter worth approximately $62,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA PVAL opened at $50.95 on Wednesday. The stock has a market capitalization of $10.36 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a one year low of $39.71 and a one year high of $52.13. The firm’s 50 day simple moving average is $50.23 and its two-hundred day simple moving average is $48.17.

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.