Baker Tilly Wealth Management LLC Acquires 2,434 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Baker Tilly Wealth Management LLC boosted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 30.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,389 shares of the company’s stock after purchasing an additional 2,434 shares during the quarter. Baker Tilly Wealth Management LLC owned about 0.07% of Putnam Focused Large Cap Value ETF worth $394,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in PVAL. CWM LLC bought a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $61,000,000. Cetera Investment Advisers lifted its stake in shares of Putnam Focused Large Cap Value ETF by 636.3% in the first quarter. Cetera Investment Advisers now owns 689,454 shares of the company’s stock worth $24,634,000 after buying an additional 595,811 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 147.2% during the second quarter. Commonwealth Equity Services LLC now owns 975,444 shares of the company’s stock valued at $35,409,000 after buying an additional 580,866 shares during the last quarter. GGM Financials LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the second quarter valued at approximately $14,259,000. Finally, Sowa Financial Group Inc. raised its holdings in Putnam Focused Large Cap Value ETF by 335.4% in the 3rd quarter. Sowa Financial Group Inc. now owns 326,482 shares of the company’s stock worth $12,387,000 after acquiring an additional 251,495 shares during the last quarter.

Putnam Focused Large Cap Value ETF Trading Up 0.8 %

Shares of PVAL opened at $38.26 on Tuesday. The company has a market cap of $575.81 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. The business’s fifty day simple moving average is $37.61 and its two-hundred day simple moving average is $36.55. Putnam Focused Large Cap Value ETF has a 12 month low of $27.81 and a 12 month high of $38.65.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, September 6th were issued a $0.121 dividend. The ex-dividend date was Friday, September 6th.

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.