Sanctuary Advisors LLC Grows Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Sanctuary Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 386,941 shares of the company’s stock after acquiring an additional 17,107 shares during the period. Sanctuary Advisors LLC owned 2.57% of Putnam Focused Large Cap Value ETF worth $15,129,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Empire Life Investments Inc. raised its position in shares of Putnam Focused Large Cap Value ETF by 17.0% during the 4th quarter. Empire Life Investments Inc. now owns 198,505 shares of the company’s stock valued at $7,367,000 after acquiring an additional 28,805 shares in the last quarter. Sovran Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter valued at $4,133,000. Principle Wealth Partners LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter worth $279,000. Opal Wealth Advisors LLC lifted its position in shares of Putnam Focused Large Cap Value ETF by 2.2% in the 4th quarter. Opal Wealth Advisors LLC now owns 1,214,952 shares of the company’s stock worth $45,099,000 after buying an additional 25,687 shares during the last quarter. Finally, GGM Financials LLC boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.9% in the 4th quarter. GGM Financials LLC now owns 412,635 shares of the company’s stock valued at $15,317,000 after buying an additional 11,678 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 0.1 %

Shares of NYSEARCA:PVAL opened at $39.33 on Tuesday. The firm has a 50-day simple moving average of $38.16 and a 200 day simple moving average of $37.94. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.41 and a fifty-two week high of $40.07. The company has a market cap of $591.92 million, a PE 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.