Prospera Financial Services Inc Makes New Investment in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Prospera Financial Services Inc bought a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 18,001 shares of the company’s stock, valued at approximately $683,000.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new position in Putnam Focused Large Cap Value ETF during the second quarter valued at $40,000. Clear Point Advisors Inc. purchased a new stake in Putnam Focused Large Cap Value ETF during the second quarter valued at approximately $61,000. Allworth Financial LP boosted its stake in 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 acquiring an additional 1,145 shares in the last quarter. Verdence Capital Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF in the third quarter worth $205,000. Finally, Cozad Asset Management Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter worth $208,000.

Putnam Focused Large Cap Value ETF Price Performance

Putnam Focused Large Cap Value ETF stock opened at $39.58 on Friday. Putnam Focused Large Cap Value ETF has a 1-year low of $29.82 and a 1-year high of $39.66. The business has a fifty day moving average price of $38.26 and a 200-day moving average price of $37.05. The stock has a market capitalization of $595.68 million, a price-to-earnings ratio of 16.48 and a beta of 0.82.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, September 6th were paid a dividend of $0.121 per share. The ex-dividend date was Friday, September 6th.

About Putnam Focused Large Cap Value ETF

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.