PNC Financial Services Group Inc. Lowers Stock Holdings in iShares Ultra Short-Term Bond Active ETF $ICSH

PNC Financial Services Group Inc. reduced its holdings in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 60.3% during the 1st quarter, Holdings Channel reports. The firm owned 13,484 shares of the company’s stock after selling 20,495 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $683,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Alpha Zero LLC acquired a new stake in iShares Ultra Short-Term Bond Active ETF in the 1st quarter valued at $1,244,000. Hollencrest Capital Management lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 0.7% during the first quarter. Hollencrest Capital Management now owns 141,262 shares of the company’s stock valued at $7,151,000 after purchasing an additional 919 shares in the last quarter. Parallel Advisors LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 2.1% during the first quarter. Parallel Advisors LLC now owns 318,484 shares of the company’s stock valued at $16,122,000 after purchasing an additional 6,578 shares in the last quarter. Hanseatic Management Services Inc. acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the first quarter valued at about $12,319,000. Finally, Simon Quick Advisors LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 0.8% in the first quarter. Simon Quick Advisors LLC now owns 294,610 shares of the company’s stock valued at $14,913,000 after purchasing an additional 2,273 shares during the period.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH stock opened at $50.56 on Monday. The firm has a 50-day simple moving average of $50.50 and a 200-day simple moving average of $50.56. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $50.40 and a 52 week high of $50.77.

iShares Ultra Short-Term Bond Active ETF Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.