Prosperity Financial Group Inc. Boosts Stock Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Prosperity Financial Group Inc. raised its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,831 shares of the company’s stock after purchasing an additional 4,798 shares during the period. Putnam Focused Large Cap Value ETF accounts for about 2.8% of Prosperity Financial Group Inc.’s holdings, making the stock its 5th largest holding. Prosperity Financial Group Inc. owned about 0.89% of Putnam Focused Large Cap Value ETF worth $5,078,000 at the end of the most recent quarter.

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

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA PVAL opened at $39.58 on Monday. Putnam Focused Large Cap Value ETF has a 1 year low of $29.82 and a 1 year high of $39.66. The firm has a 50-day moving average of $38.26 and a 200 day moving average of $37.06. The stock has a market cap of $595.68 million, a P/E ratio of 16.48 and a beta of 0.82.

Putnam Focused Large Cap Value ETF Dividend Announcement

The business also recently announced 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 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.