PVAL Stock Summary and Trading Ideas (Putnam Focused Large Cap Value ETF | ARCA:PVAL)

The fund invests mainly in common stocks of U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Under normal circumstances, the fund invests at least 80% of the fund s net assets in large-cap companies, which, for purposes of this policy, are of a size similar to those in the Russell 1000 Value Index. Putnam Management may consider, among other factors, a company s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.

Putnam Focused Large Cap Value ETF trades on the ARCA stock market under the symbol PVAL.

As of April 24, 2024, PVAL stock price climbed to $35.12 with 417,650 million shares trading.

PVAL has a beta of 0.81, meaning it tends to be less sensitive to market movements. PVAL has a correlation of 0.62 to the broad based SPY ETF.

PVAL has a market cap of $458.46 million. This is considered a Small Cap stock.

PVAL has outperformed the market in the last year with a price return of +27.9% while the SPY ETF gained +24.2%. PVAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +11.3% and -1.5%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

PVAL support price is $34.77 and resistance is $35.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PVAL stock will trade within this expected range on the day.