Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Acquired by Glenmede Trust Co. NA

Glenmede Trust Co. NA boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 29.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,039,113 shares of the company’s stock after buying an additional 464,165 shares during the period. Glenmede Trust Co. NA owned approximately 13.55% of Putnam Focused Large Cap Value ETF worth $77,364,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $40,000. Clear Point Advisors Inc. acquired a new stake in Putnam Focused Large Cap Value ETF in the second quarter valued at $61,000. Allworth Financial LP increased its position in shares of Putnam Focused Large Cap Value ETF by 79.8% in the third quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock valued at $98,000 after buying an additional 1,145 shares in the last quarter. Verdence Capital Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth $205,000. Finally, Cozad Asset Management Inc. acquired a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $208,000.

Putnam Focused Large Cap Value ETF Trading Down 0.1 %

NYSEARCA:PVAL opened at $39.82 on Wednesday. Putnam Focused Large Cap Value ETF has a twelve month low of $29.82 and a twelve month high of $39.97. The company has a market capitalization of $599.29 million, a P/E ratio of 16.48 and a beta of 0.82. The firm has a 50-day moving average price of $38.36 and a two-hundred day moving average price of $37.12.

Putnam Focused Large Cap Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, September 10th. Investors 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.