Wealthcare Advisory Partners LLC Acquires 28,115 Shares of Putnam Focused Large Cap Value ETF $PVAL

Wealthcare Advisory Partners LLC boosted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 92.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,677 shares of the company’s stock after buying an additional 28,115 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,990,000 as of its most recent SEC filing.

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

Putnam Focused Large Cap Value ETF Trading Down 0.1%

NYSEARCA:PVAL opened at $54.40 on Thursday. Putnam Focused Large Cap Value ETF has a 1-year low of $40.89 and a 1-year high of $54.63. The business’s 50-day moving average price is $52.07 and its two-hundred day moving average price is $49.58. The firm has a market capitalization of $13.73 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84.

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.