First United Bank & Trust Acquires Shares of 25,795 Putnam Focused Large Cap Value ETF $PVAL

First United Bank & Trust acquired a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 25,795 shares of the company’s stock, valued at approximately $1,197,000.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the first quarter valued at about $27,000. Parkside Financial Bank & Trust purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth about $52,000. MCF Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth about $53,000. Global Retirement Partners LLC purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth about $58,000. Finally, International Assets Investment Management LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $62,000.

Putnam Focused Large Cap Value ETF Trading Down 0.8%

Shares of PVAL opened at $50.95 on Friday. Putnam Focused Large Cap Value ETF has a twelve month low of $39.71 and a twelve month high of $52.13. The stock’s 50 day moving average is $50.15 and its two-hundred day moving average is $48.06. The firm has a market capitalization of $10.36 billion, a PE ratio of 17.86 and a beta of 0.84.

Putnam Focused Large Cap Value ETF Profile

(Free Report)

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.

Read More

• Five stocks we like better than Putnam Focused Large Cap Value ETF
• Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
• AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
• Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
• Xcel Energy Stock Offers Stability as Electricity Demand Builds

Want to see what other hedge funds are holding PVAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report).