Dynamic Advisor Solutions LLC Has $875,000 Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Dynamic Advisor Solutions LLC grew its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 48.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,582 shares of the company’s stock after purchasing an additional 7,719 shares during the period. Dynamic Advisor Solutions LLC owned about 0.16% of Putnam Focused Large Cap Value ETF worth $875,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Key Client Fiduciary Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 4th quarter valued at approximately $333,000. Janney Montgomery Scott LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 20.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 216,214 shares of the company’s stock valued at $8,026,000 after acquiring an additional 37,082 shares in the last quarter. Sowa Financial Group Inc. increased its stake in shares of Putnam Focused Large Cap Value ETF by 40.4% in the fourth quarter. Sowa Financial Group Inc. now owns 458,420 shares of the company’s stock worth $17,017,000 after acquiring an additional 131,938 shares during the last quarter. Amplius Wealth Advisors LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 10.3% during the fourth quarter. Amplius Wealth Advisors LLC now owns 1,727,791 shares of the company’s stock worth $64,136,000 after acquiring an additional 161,154 shares in the last quarter. Finally, Sax Wealth Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter valued at $3,291,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL stock opened at $38.99 on Monday. Putnam Focused Large Cap Value ETF has a fifty-two week low of $31.75 and a fifty-two week high of $40.07. The stock’s 50-day moving average is $38.30 and its two-hundred day moving average is $37.71. The firm has a market cap of $586.80 million, a P/E ratio of 16.48 and a beta of 0.82.

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.