Putnam Focused Large Cap Value ETF (PVAL) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $37.56 to $38.08
• 50-Day Range: $33.60 to $38.96
• 52-Week Range: $32.83 to $40.07
• Volume: 452,699 shs
• Average Volume: 457,204 shs
• Market Capitalization: $2.72 billion
• Assets Under Management: $2.90 billion
• Dividend Yield: 1.29%
• Net Expense Ratio: 0.56%
• Aggregate Rating: Moderate Buy

PVAL ETF - Frequently Asked Questions

How have PVAL shares performed this year?

Putnam Focused Large Cap Value ETF's stock was trading at $37.12 on January 1st, 2025. Since then, PVAL stock has increased by 2.2% and is now trading at $37.95.
View the best growth stocks for 2025 here.

Who are Putnam Focused Large Cap Value ETF's major shareholders?

Putnam Focused Large Cap Value ETF's top institutional shareholders include Commonwealth Equity Services LLC (5.24%), Cetera Investment Advisers (4.20%), Amplius Wealth Advisors LLC (2.97%) and CWM LLC (2.78%).

How do I buy shares of Putnam Focused Large Cap Value ETF?

Shares of PVAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Putnam Focused Large Cap Value ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Putnam Focused Large Cap Value ETF investors own include Procter & Gamble (PG), Tesla (TSLA), Costco Wholesale (COST), JPMorgan Chase & Co. (JPM), Broadcom (AVGO), Bank of America (BAC) and British American Tobacco (BTI).

Fund Details

• Issuer: Putnam Investments
• Fund Name: Putnam Focused Large Cap Value ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:PVAL
• Inception Date: 5/25/2021
• Fund Manager: Darren Jaroch, Lauren DeMore
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $2.90 billion
• Average Daily Volume: $657,540.40
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: Putnam Investment Management LLC
• Advisor: Putnam Investment Management, LLC
• Custodian: State Street Bank and Trust Company
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: RBC Capital Markets

Options

• Optionable: N/A
• Short Interest: 137,500 shs

Miscellaneous

• Outstanding Shares: 71,600,000
• Beta: 0.89
• Creation Fee: $250.00