Putnam Focused Large Cap Value ETF $PVAL Stock: Harbor Group Inc. Increases Holdings

Harbor Group Inc. raised its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 894,128 shares of the company’s stock after purchasing an additional 17,790 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for 5.6% of Harbor Group Inc.’s holdings, making the stock its 7th largest holding. Harbor Group Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $47,049,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of PVAL. Bank of America Corp DE boosted its position in shares of Putnam Focused Large Cap Value ETF by 48.4% during the first quarter. Bank of America Corp DE now owns 35,914,629 shares of the company’s stock worth $1,666,439,000 after buying an additional 11,707,304 shares during the period. Cetera Investment Advisers boosted its holdings in Putnam Focused Large Cap Value ETF by 21.6% in the first quarter. Cetera Investment Advisers now owns 8,337,155 shares of the company’s stock valued at $386,844,000 after purchasing an additional 1,483,240 shares during the period. Glenmede Trust Co. NA increased its holdings in Putnam Focused Large Cap Value ETF by 11.4% during the 1st quarter. Glenmede Trust Co. NA now owns 7,154,285 shares of the company’s stock worth $331,959,000 after purchasing an additional 734,798 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Putnam Focused Large Cap Value ETF by 16.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,400,725 shares of the company’s stock worth $275,167,000 after buying an additional 762,099 shares in the last quarter. Finally, Modern Wealth Management LLC raised its holdings in Putnam Focused Large Cap Value ETF by 16.1% in the first quarter. Modern Wealth Management LLC now owns 2,304,807 shares of the company’s stock valued at $107,335,000 after acquiring an additional 319,556 shares in the last quarter.

Putnam Focused Large Cap Value ETF Trading Down 0.3%

Putnam Focused Large Cap Value ETF stock opened at $53.95 on Thursday. Putnam Focused Large Cap Value ETF has a 12-month low of $42.14 and a 12-month high of $54.70. The stock has a market cap of $14.83 billion, a P/E ratio of 17.86 and a beta of 0.84. The company has a fifty day simple moving average of $53.83 and a 200-day simple moving average of $51.56.

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.