Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Purchased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 8.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 240,561 shares of the company’s stock after buying an additional 18,091 shares during the quarter. Putnam Focused Large Cap Value ETF comprises about 1.2% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 18th largest position. Redhawk Wealth Advisors Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $8,930,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Glenmede Trust Co. NA raised its stake in shares of Putnam Focused Large Cap Value ETF by 29.5% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock worth $77,364,000 after buying an additional 464,165 shares in the last quarter. CWM LLC acquired a new position in Putnam Focused Large Cap Value ETF during the third quarter worth $61,000,000. Amplius Wealth Advisors LLC raised its position in Putnam Focused Large Cap Value ETF by 14.8% in the third quarter. Amplius Wealth Advisors LLC now owns 1,566,637 shares of the company’s stock worth $59,433,000 after acquiring an additional 201,908 shares in the last quarter. Opal Wealth Advisors LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 10.2% in the third quarter. Opal Wealth Advisors LLC now owns 1,189,265 shares of the company’s stock valued at $45,121,000 after acquiring an additional 110,513 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Putnam Focused Large Cap Value ETF by 49.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,031,872 shares of the company’s stock worth $37,457,000 after purchasing an additional 342,418 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 1.3 %

NYSEARCA:PVAL opened at $37.95 on Thursday. The firm’s fifty day simple moving average is $38.40 and its 200-day simple moving average is $37.60. The stock has a market cap of $571.15 million, a PE ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a fifty-two week low of $30.83 and a fifty-two week high of $40.07.

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.