Sentinel Pension Advisors Inc. Reduces Stock Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Sentinel Pension Advisors Inc. trimmed its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,554 shares of the company’s stock after selling 689 shares during the period. Sentinel Pension Advisors Inc. owned about 0.20% of Putnam Focused Large Cap Value ETF worth $1,097,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. CWM LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $61,000,000. Glenmede Trust Co. NA boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 29.5% during the third quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock worth $77,364,000 after purchasing an additional 464,165 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 2,963.3% during the third quarter. Sanctuary Advisors LLC now owns 369,834 shares of the company’s stock worth $14,638,000 after purchasing an additional 357,761 shares during the last quarter. Cetera Investment Advisers increased its stake in Putnam Focused Large Cap Value ETF by 49.7% in the second quarter. Cetera Investment Advisers now owns 1,031,872 shares of the company’s stock valued at $37,457,000 after purchasing an additional 342,418 shares during the last quarter. Finally, Sowa Financial Group Inc. lifted its position in Putnam Focused Large Cap Value ETF by 335.4% during the third quarter. Sowa Financial Group Inc. now owns 326,482 shares of the company’s stock worth $12,387,000 after buying an additional 251,495 shares during the period.

Putnam Focused Large Cap Value ETF Price Performance

NYSEARCA:PVAL traded up $0.26 during mid-day trading on Monday, reaching $37.11. The company’s stock had a trading volume of 343,688 shares, compared to its average volume of 405,898. The stock has a market cap of $558.51 million, a P/E ratio of 16.48 and a beta of 0.82. The company’s fifty day simple moving average is $38.42 and its two-hundred day simple moving average is $37.58. Putnam Focused Large Cap Value ETF has a twelve month low of $30.83 and a twelve month high of $40.07.

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.