O Shaughnessy Asset Management LLC recently reduced its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL), according to Defense World. This move indicates a potential shift in investment strategy by the asset management firm. DailyBubble believes that such adjustments in holdings can be influenced by various factors such as market conditions, performance of the ETF, and overall portfolio diversification goals. It will be interesting to see how this decision plays out in the coming months and what it may signify for the firm’s investment approach.