Dogwood Wealth Management LLC Purchases 32,618 Shares of Putnam Focused Large Cap Value ETF $PVAL

Dogwood Wealth Management LLC increased its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 8.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 426,694 shares of the company’s stock after acquiring an additional 32,618 shares during the period. Putnam Focused Large Cap Value ETF comprises about 8.6% of Dogwood Wealth Management LLC’s portfolio, making the stock its biggest position. Dogwood Wealth Management LLC owned about 0.18% of Putnam Focused Large Cap Value ETF worth $21,740,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cedar Mountain Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF in the second quarter valued at about $722,000. Western Wealth Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the first quarter worth about $296,000. NewEdge Advisors LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 57.3% during the first quarter. NewEdge Advisors LLC now owns 7,711 shares of the company’s stock worth $358,000 after purchasing an additional 2,808 shares during the last quarter. Cozad Asset Management Inc. grew its holdings in shares of Putnam Focused Large Cap Value ETF by 13.8% during the first quarter. Cozad Asset Management Inc. now owns 38,591 shares of the company’s stock worth $1,791,000 after purchasing an additional 4,687 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its stake in shares of Putnam Focused Large Cap Value ETF by 11.4% in the first quarter. Glenmede Trust Co. NA now owns 7,154,285 shares of the company’s stock valued at $331,959,000 after buying an additional 734,798 shares during the period.

Putnam Focused Large Cap Value ETF Price Performance

Putnam Focused Large Cap Value ETF stock opened at $53.79 on Tuesday. The business has a 50 day moving average of $51.56 and a 200-day moving average of $49.21. The company has a market capitalization of $13.49 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 1 year low of $40.05 and a 1 year high of $53.88.

Putnam Focused Large Cap Value ETF 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.