Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 550,111 shares were traded during mid-day trading, an increase of 48% from the previous session’s volume of 371,590 shares.The stock last traded at $38.00 and had previously closed at $38.08.
Putnam Focused Large Cap Value ETF Price Performance
The firm’s 50 day simple moving average is $38.52 and its 200-day simple moving average is $38.31. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 20.00 and a beta of 0.90.
Institutional Trading of Putnam Focused Large Cap Value ETF
A number of large investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 172.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,088,013 shares of the company’s stock valued at $40,387,000 after purchasing an additional 689,119 shares during the last quarter. Keystone Financial Services LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 4th quarter valued at $11,282,000. BridgePort Financial Solutions LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 4th quarter valued at $7,439,000. Waverly Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF during the 4th quarter worth $383,000. Finally, D. E. Shaw & Co. Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $864,000.
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.
Read More
- Five stocks we like better than Putnam Focused Large Cap Value ETF
- What is Forex and How Does it Work?
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- What is a Stock Market Index and How Do You Use Them?
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Buffett Trims Equities, But Still Keeps Buying This Stock
Receive News & Ratings for Putnam Focused Large Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Focused Large Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
