OneAscent Wealth Management LLC Has $337,000 Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

OneAscent Wealth Management LLC trimmed its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 16.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,071 shares of the company’s stock after selling 1,760 shares during the quarter. OneAscent Wealth Management LLC owned 0.06% of Putnam Focused Large Cap Value ETF worth $337,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of PVAL. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter worth $28,000. Raymond James Financial Inc. acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at about $212,000. Fulcrum Equity Management bought a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at about $248,000. Cozad Asset Management Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 26.7% in the fourth quarter. Cozad Asset Management Inc. now owns 6,949 shares of the company’s stock valued at $258,000 after purchasing an additional 1,466 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 31.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 7,110 shares of the company’s stock worth $264,000 after buying an additional 1,712 shares during the period.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $37.64 on Friday. The firm has a market cap of $2.38 billion, a PE ratio of 20.00 and a beta of 0.90. The business’s 50 day simple moving average is $38.52 and its 200 day simple moving average is $38.27. Putnam Focused Large Cap Value ETF has a 52-week low of $34.14 and a 52-week high of $40.07.

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.