Baker Tilly Wealth Management LLC Purchases 2,434 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Baker Tilly Wealth Management LLC increased its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 30.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,389 shares of the company’s stock after acquiring an additional 2,434 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of PVAL. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter worth $40,000. Clear Point Advisors Inc. bought a new position in Putnam Focused Large Cap Value ETF in the 2nd quarter worth $61,000. Allworth Financial LP lifted 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 valued at $98,000 after purchasing an additional 1,145 shares in the last quarter. Next Level Private LLC bought a new stake in Putnam Focused Large Cap Value ETF during the third quarter valued at about $217,000. Finally, City Center Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF during the third quarter valued at about $248,000.

Putnam Focused Large Cap Value ETF Stock Up 0.8 %

NYSEARCA PVAL opened at $38.26 on Tuesday. The stock’s 50-day moving average price is $37.61 and its 200-day moving average price is $36.55. The company has a market capitalization of $575.81 million, a P/E ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 52 week low of $27.81 and a 52 week high of $38.65.

Putnam Focused Large Cap Value ETF Dividend Announcement

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