Vise Technologies Inc. Buys 12,235 Shares of Putnam Focused Large Cap Value ETF $PVAL

Vise Technologies Inc. raised its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 47.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,156 shares of the company’s stock after buying an additional 12,235 shares during the quarter. Vise Technologies Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $2,008,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Marin Bay Wealth Advisors LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 4.1% during the third quarter. Marin Bay Wealth Advisors LLC now owns 8,819 shares of the company’s stock worth $464,000 after purchasing an additional 345 shares during the last quarter. Heritage Wealth Management Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 36.8% in the 3rd quarter. Heritage Wealth Management Inc. now owns 10,437 shares of the company’s stock valued at $549,000 after purchasing an additional 2,807 shares during the last quarter. Founders Financial Securities LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $973,000. Foundry Financial Group Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 1.0% in the 3rd quarter. Foundry Financial Group Inc. now owns 173,017 shares of the company’s stock valued at $9,104,000 after purchasing an additional 1,647 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $3,089,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA:PVAL opened at $54.01 on Friday. The firm has a market capitalization of $15.31 billion, a price-to-earnings ratio of 17.86 and a beta of 0.83. The business’s 50 day simple moving average is $53.84 and its 200-day simple moving average is $50.83. Putnam Focused Large Cap Value ETF has a 12 month low of $42.76 and a 12 month 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.