Everest Financial Group LLC Purchases 60,285 Shares of Putnam Focused Large Cap Value ETF $PVAL

Everest Financial Group LLC grew its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 79.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,437 shares of the company’s stock after buying an additional 60,285 shares during the quarter. Everest Financial Group LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $7,179,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Processus Wealth & Capital Management LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 2.3% in the third quarter. Processus Wealth & Capital Management LLC now owns 14,824 shares of the company’s stock valued at $780,000 after acquiring an additional 338 shares during the last quarter. Marin Bay Wealth Advisors LLC boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 4.1% in the 3rd quarter. Marin Bay Wealth Advisors LLC now owns 8,819 shares of the company’s stock worth $464,000 after acquiring an additional 345 shares in the last quarter. NewEdge Advisors LLC grew its position in Putnam Focused Large Cap Value ETF by 6.4% during the 2nd quarter. NewEdge Advisors LLC now owns 8,205 shares of the company’s stock worth $418,000 after acquiring an additional 494 shares during the last quarter. International Assets Investment Management LLC grew its position in Putnam Focused Large Cap Value ETF by 44.4% during the 1st quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock worth $91,000 after acquiring an additional 600 shares during the last quarter. Finally, Next Level Wealth Planning LLC bought a new stake in Putnam Focused Large Cap Value ETF during the 3rd quarter worth approximately $34,000.

Putnam Focused Large Cap Value ETF Price Performance

PVAL stock opened at $55.09 on Friday. The business has a fifty day moving average price of $53.91 and a 200 day moving average price of $51.04. Putnam Focused Large Cap Value ETF has a fifty-two week low of $42.76 and a fifty-two week high of $55.91. The stock has a market capitalization of $15.93 billion, a price-to-earnings ratio of 21.14 and a beta of 0.83.

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.