Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Stock Holdings Boosted by GGM Financials LLC

GGM Financials LLC raised its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 412,635 shares of the company’s stock after purchasing an additional 11,678 shares during the period. Putnam Focused Large Cap Value ETF accounts for approximately 16.3% of GGM Financials LLC’s portfolio, making the stock its largest holding. GGM Financials LLC owned 2.74% of Putnam Focused Large Cap Value ETF worth $15,317,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth $1,000,000. JPMorgan Chase & Co. purchased a new stake in Putnam Focused Large Cap Value ETF during the third quarter valued at about $406,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth about $28,000. Sanctuary Advisors LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the second quarter worth about $425,000. Finally, SeaCrest Wealth Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $1,169,000.

Putnam Focused Large Cap Value ETF Trading Down 0.6 %

Shares of PVAL stock opened at $39.05 on Monday. The firm’s 50 day moving average is $38.18 and its 200 day moving average is $37.85. The stock has a market capitalization of $587.70 million, a P/E ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 12 month low of $32.00 and a 12 month high of $40.07.

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.