Aurdan Capital Management LLC Acquires Shares of 56,314 Putnam Focused Large Cap Value ETF $PVAL

Aurdan Capital Management LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 56,314 shares of the company’s stock, valued at approximately $2,266,000. Aurdan Capital Management LLC owned approximately 0.06% of Putnam Focused Large Cap Value ETF as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of PVAL. Northwest Capital Management Inc acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 1st quarter worth approximately $102,000. Allworth Financial LP grew its position in shares of Putnam Focused Large Cap Value ETF by 11.2% in the 1st quarter. Allworth Financial LP now owns 2,980 shares of the company’s stock worth $109,000 after acquiring an additional 300 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $121,000. JGP Wealth Management LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $228,000. Finally, Comerica Bank grew its position in shares of Putnam Focused Large Cap Value ETF by 15.3% in the 1st quarter. Comerica Bank now owns 6,350 shares of the company’s stock worth $242,000 after acquiring an additional 841 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

PVAL stock opened at $43.16 on Friday. Putnam Focused Large Cap Value ETF has a 1-year low of $32.83 and a 1-year high of $43.59. The firm has a fifty day moving average price of $42.47 and a two-hundred day moving average price of $40.38. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Monday, October 6th were paid a dividend of $0.1029 per share. The ex-dividend date was Monday, October 6th. This represents a $0.41 annualized dividend and a yield of 1.0%.

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.