Goldstone Financial Group LLC Makes New $507,000 Investment in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Goldstone Financial Group LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,368 shares of the company’s stock, valued at approximately $507,000. Goldstone Financial Group LLC owned 0.09% of Putnam Focused Large Cap Value ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter worth $40,000. Allworth Financial LP boosted its position in Putnam Focused Large Cap Value ETF by 79.8% during the third quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock worth $98,000 after purchasing an additional 1,145 shares during the period. Clear Point Advisors Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the second quarter worth about $61,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in shares of Putnam Focused Large Cap Value ETF by 31.5% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,871 shares of the company’s stock valued at $374,000 after purchasing an additional 2,367 shares during the period. Finally, Baker Tilly Wealth Management LLC lifted its stake in shares of Putnam Focused Large Cap Value ETF by 30.6% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 10,389 shares of the company’s stock valued at $394,000 after buying an additional 2,434 shares in the last quarter.

Putnam Focused Large Cap Value ETF Trading Up 0.1 %

Putnam Focused Large Cap Value ETF stock opened at $38.06 on Thursday. The firm has a 50 day simple moving average of $37.66 and a 200 day simple moving average of $36.59. Putnam Focused Large Cap Value ETF has a 1-year low of $27.93 and a 1-year high of $38.65. The firm has a market capitalization of $572.80 million, a price-to-earnings ratio of 16.48 and a beta of 0.82.

Putnam Focused Large Cap Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, September 6th were paid a $0.121 dividend. The ex-dividend date of this dividend was Friday, September 6th.

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.