PUTNAM ETF TRUST

Ticker: PVAL CUSIP: 746729300 Class: FOCUSED LAR CAP

Valmark Advisers, Inc.'s Holding History (CIK: 0001380443)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 105,474 Value ($000) $4,806 Avg Close — Range —

Q3 2025

Shares 22,742 Value ($000) $972 Avg Close — Range —

Q2 2025

Shares 19,144 Value ($000) $770 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	105,474	$4,806	—	—
Q3 2025	22,742	$972	—	—
Q2 2025	19,144	$770	—	—