Victory Financial Group LLC Acquires New Holdings in Putnam Focused Large Cap Value ETF $PVAL

Victory Financial Group LLC acquired a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 45,177 shares of the company’s stock, valued at approximately $2,059,000.

Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp bought a new stake in Putnam Focused Large Cap Value ETF during the 3rd quarter valued at $63,000. Franklin Resources Inc. bought a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth $94,000. CoreCap Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth $123,000. Lantern Wealth Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth $224,000. Finally, Strategic Blueprint LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth $228,000.

Putnam Focused Large Cap Value ETF Price Performance

PVAL opened at $46.40 on Wednesday. The business’s 50-day moving average is $47.38 and its two-hundred day moving average is $45.30. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $49.13. The firm has a market capitalization of $7.62 billion, a PE ratio of 17.86 and a beta of 0.88.

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.