Patriot Financial Group Insurance Agency LLC Has $5.52 Million Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Patriot Financial Group Insurance Agency LLC increased its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 13.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 145,555 shares of the company’s stock after purchasing an additional 16,762 shares during the quarter. Putnam Focused Large Cap Value ETF makes up approximately 0.7% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 23rd largest position. Patriot Financial Group Insurance Agency LLC owned about 0.97% of Putnam Focused Large Cap Value ETF worth $5,522,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. CWM LLC bought a new position in Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $61,000,000. Amplius Wealth Advisors LLC raised its position in Putnam Focused Large Cap Value ETF by 14.8% during the third quarter. Amplius Wealth Advisors LLC now owns 1,566,637 shares of the company’s stock valued at $59,433,000 after acquiring an additional 201,908 shares in the last quarter. Opal Wealth Advisors LLC raised its position in Putnam Focused Large Cap Value ETF by 10.2% during the third quarter. Opal Wealth Advisors LLC now owns 1,189,265 shares of the company’s stock valued at $45,121,000 after acquiring an additional 110,513 shares in the last quarter. Cetera Investment Advisers raised its position in Putnam Focused Large Cap Value ETF by 49.7% during the second quarter. Cetera Investment Advisers now owns 1,031,872 shares of the company’s stock valued at $37,457,000 after acquiring an additional 342,418 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in 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 acquiring an additional 580,866 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.7 %

Shares of NYSEARCA:PVAL traded up $0.27 during trading on Monday, reaching $38.24. The stock had a trading volume of 63,484 shares, compared to its average volume of 214,082. Putnam Focused Large Cap Value ETF has a 52 week low of $27.81 and a 52 week high of $38.65. The firm has a market capitalization of $575.51 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. The stock has a fifty day simple moving average of $37.59 and a two-hundred day simple moving average of $36.54.

Putnam Focused Large Cap Value ETF Dividend Announcement

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