Putnam Focused Large Cap Value ETF $PVAL Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH cut its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 18.1% during the third quarter, HoldingsChannel.com reports. The fund owned 458,390 shares of the company’s stock after selling 101,138 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Putnam Focused Large Cap Value ETF were worth $24,120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of PVAL. Harbor Group Inc. boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.0% in the third quarter. Harbor Group Inc. now owns 894,128 shares of the company’s stock valued at $47,049,000 after purchasing an additional 17,790 shares during the period. Weil Company Inc. grew its stake in Putnam Focused Large Cap Value ETF by 3.8% in the third quarter. Weil Company Inc. now owns 258,040 shares of the company’s stock worth $13,578,000 after purchasing an additional 9,476 shares in the last quarter. Tempus Wealth Planning LLC increased its holdings in Putnam Focused Large Cap Value ETF by 7.1% during the 3rd quarter. Tempus Wealth Planning LLC now owns 99,606 shares of the company’s stock worth $5,241,000 after purchasing an additional 6,640 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Putnam Focused Large Cap Value ETF by 83.1% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,574 shares of the company’s stock worth $135,000 after purchasing an additional 1,168 shares during the period. Finally, Focus Financial Network Inc. increased its holdings in Putnam Focused Large Cap Value ETF by 15.6% during the 3rd quarter. Focus Financial Network Inc. now owns 30,019 shares of the company’s stock worth $1,580,000 after purchasing an additional 4,043 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 0.4%

Shares of NYSEARCA PVAL opened at $54.17 on Friday. The business has a fifty day simple moving average of $53.83 and a two-hundred day simple moving average of $51.62. The firm has a market cap of $14.89 billion, a PE ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a twelve month low of $42.14 and a twelve month high of $54.70.

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.