Silver Oak Securities Incorporated Acquires Shares of 47,890 Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Silver Oak Securities Incorporated bought a new position 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 47,890 shares of the company’s stock, valued at approximately $1,785,000. Silver Oak Securities Incorporated owned approximately 0.32% of Putnam Focused Large Cap Value ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. acquired a new position in Putnam Focused Large Cap Value ETF during the second quarter worth $40,000. Clear Point Advisors Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter worth $61,000. Next Level Private LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $217,000. City Center Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at about $248,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at about $272,000.

Putnam Focused Large Cap Value ETF Trading Down 0.2 %

Shares of PVAL opened at $38.08 on Friday. Putnam Focused Large Cap Value ETF has a twelve month low of $27.68 and a twelve month high of $38.65. The firm has a market capitalization of $573.10 million, a P/E ratio of 16.48 and a beta of 0.82. The firm’s 50-day moving average is $37.54 and its two-hundred day moving average is $36.50.

Putnam Focused Large Cap Value ETF Dividend Announcement

The company also recently declared 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 of this dividend was Friday, September 6th.

Putnam Focused Large Cap Value ETF Company 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.