Putnam’s Focused Large Cap Value Falls Below Key 200-Day Moving Average: Implications for PVAL Investors

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Putnam Focused Large Cap Value ETF Drops Below 200-Day Moving Average

On Friday, trading data indicated that shares of the Putnam Focused Large Cap Value ETF (Symbol: PVAL) dipped below their 200-day moving average of $37.74. The ETF traded as low as $37.56 per share, marking a decline of approximately 1.3% for the day. The chart below illustrates PVAL’s performance over the past year in relation to its 200-day moving average:

Putnam Focused Large Cap Value 200 Day Moving Average Chart

Examining the chart, it is noted that PVAL’s 52-week low stands at $34.135 per share, while its 52-week high reached $40.07. This places the last trade at $37.63 within the weekly performance range.

Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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