Flynn Zito Capital Management LLC Buys 19,449 Shares of Putnam Focused Large Cap Value ETF $PVAL

Flynn Zito Capital Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 19,449 shares of the company’s stock, valued at approximately $1,023,000.

A number of other institutional investors and hedge funds also recently modified their holdings of PVAL. Capital Analysts LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 9.2% in the second quarter. Capital Analysts LLC now owns 1,190,333 shares of the company’s stock worth $60,647,000 after acquiring an additional 99,997 shares during the last quarter. Key Client Fiduciary Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 19.6% in the second quarter. Key Client Fiduciary Advisors LLC now owns 247,817 shares of the company’s stock valued at $12,626,000 after acquiring an additional 40,683 shares during the period. Sanctuary Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 19.0% in the first quarter. Sanctuary Advisors LLC now owns 1,183,884 shares of the company’s stock valued at $54,932,000 after acquiring an additional 188,615 shares during the period. Quantinno Capital Management LP boosted its stake in Putnam Focused Large Cap Value ETF by 70.8% in the first quarter. Quantinno Capital Management LP now owns 22,777 shares of the company’s stock valued at $1,057,000 after acquiring an additional 9,445 shares during the period. Finally, Bleakley Financial Group LLC boosted its stake in Putnam Focused Large Cap Value ETF by 32.2% in the first quarter. Bleakley Financial Group LLC now owns 1,029,520 shares of the company’s stock valued at $47,770,000 after acquiring an additional 250,484 shares during the period.

Putnam Focused Large Cap Value ETF Trading Up 2.2%

NYSEARCA:PVAL opened at $55.03 on Tuesday. The firm has a market capitalization of $15.72 billion, a PE ratio of 17.86 and a beta of 0.83. The stock has a 50 day moving average of $53.85 and a 200-day moving average of $50.91. Putnam Focused Large Cap Value ETF has a 52 week low of $42.76 and a 52 week high of $55.91.

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.