PNC Financial Services Group Inc. Has $637,000 Stock Holdings in Entegris Inc (NASDAQ:ENTG)

PNC Financial Services Group Inc. lessened its stake in Entegris Inc (NASDAQ:ENTG) by 6.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,776 shares of the semiconductor company’s stock after selling 690 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Entegris were worth $637,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in ENTG. London Co. of Virginia grew its stake in Entegris by 23.8% in the 1st quarter. London Co. of Virginia now owns 4,112,832 shares of the semiconductor company’s stock valued at $184,131,000 after buying an additional 790,870 shares during the last quarter. FIL Ltd bought a new stake in Entegris in the 2nd quarter valued at $38,041,000. Wellington Management Group LLP boosted its holdings in Entegris by

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The stock market is more at risk on a Trump win than on a Biden win

Outlook:

We have a lot of news this week—see the Econoday calendar—but the norm is to attend to the ADP private sector jobs report on Wednesday, the Challenger jobs report on Thursday and the bazooka, the Sept monthly jobs report on Friday. While the numbers are still grim and recovery is still seen as stalling, the proof of the pudding will come on Oct 13-14 when Amazon holds one of its Prime Days. If US consumers are still greedy for material goods, that’s when we see it.

All the same, the divide between the Haves and the Have-Nots is growing. Here’s a sobering piece from the WSJ: “More homes are going dark as moratoriums on utility shut-offs end. Of the 36 states that issued moratoriums on utility shut-offs for people who couldn’t pay their bills since the pandemic started, 14 have already expired. Between now and mid-October, an estimated 24

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7 Reasons a Stock Market Crash May Happen in Q4

It’s safe to say that this has been a year like none other. The coronavirus disease 2019 (COVID-19) pandemic has done one heck of a number on equities, and completely upended our social habits. We’ve witnessed the quickest bear market decline of at least 30% in history, as well as the fastest rebound to new all-time highs from a bear market low on record.

But as we’ve learned throughout the month of September, volatility hasn’t taken a vacation. We could very well have another stock market crash waiting for investors in the fourth quarter. Here are seven reasons a crash or correction may be imminent.

A plunging stock chart, with a person circling and drawing an arrow to the bottom.

Image source: Getty Images.

1. Another round of shutdowns becomes necessary

The pandemic is the most obvious of all possible reasons for a crash. Coronavirus infections could worsen considerably during the fall. Let’s not forget that the scientific community is still learning about the SARS-CoV-2

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US election is affecting not only US stock market volatility

Outlook:

We have a slew of US data today but nothing that turns on the FX crowd—the trade balance (August), inventories, Case-Shiller for months ago, and Conference Board consumer confidence. The event of the day doesn’t come until after the close—the first presidential debate.

The FT reports the US election is affecting not only US stock market volatility, but also the VIX equivalent for the EuroStoxx. See the chart. The biggest risk is a disputed election that can drag on for weeks and need a Supreme Court decision—a Supreme Court newly populated with a justice Trump appointed only weeks before and the Senate will have approved only days before.

Unless Biden wins in a landslide of in-person voting and maybe not even then, Trump is definitely going to contest the election. Why anyone is talking about it as a risk and not a certainty is unclear. For one thing, he

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PNC Financial Services Group Inc. Trims Stock Position in Western Midstream Partners LP (NYSE:WES)

PNC Financial Services Group Inc. lowered its stake in shares of Western Midstream Partners LP (NYSE:WES) by 10.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 70,561 shares of the pipeline company’s stock after selling 8,296 shares during the period. PNC Financial Services Group Inc.’s holdings in Western Midstream Partners were worth $709,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. grew its position in shares of Western Midstream Partners by 476.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,003 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 2,482 shares during the period. US Bancorp DE boosted its holdings in Western Midstream Partners by 33.6% in the 1st quarter. US

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PNC Financial Services Group Inc. Has $652,000 Stock Position in Bank of Nova Scotia (NYSE:BNS)

PNC Financial Services Group Inc. increased its position in shares of Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) by 24.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,815 shares of the bank’s stock after buying an additional 3,112 shares during the period. PNC Financial Services Group Inc.’s holdings in Bank of Nova Scotia were worth $652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Guggenheim Capital LLC boosted its holdings in shares of Bank of Nova Scotia by 309.6% during the 1st quarter. Guggenheim Capital LLC now owns 21,256 shares of the bank’s stock worth $860,000 after buying an additional 16,067 shares during the period. Jane Street Group LLC boosted its holdings in shares of Bank of Nova

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Hartford Financial Services Group Inc (NYSE:HIG) CEO Christopher Swift Purchases 6,975 Shares of Stock

Hartford Financial Services Group Inc (NYSE:HIG) CEO Christopher Swift bought 6,975 shares of the stock in a transaction on Wednesday, September 23rd. The stock was purchased at an average cost of $35.98 per share, with a total value of $250,960.50. Following the acquisition, the chief executive officer now owns 227,309 shares in the company, valued at $8,178,577.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Hartford Financial Services Group stock opened at $35.80 on Friday. Hartford Financial Services Group Inc has a one year low of $19.04 and a one year high of $62.75. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32. The stock’s 50-day moving average is $40.29 and its 200 day moving average is $38.97. The firm has a market cap of $12.82

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PNC Financial Services Group Inc. Decreases Stock Holdings in Nuveen Municipal Value Fund Inc (NYSE:NUV)

PNC Financial Services Group Inc. trimmed its holdings in Nuveen Municipal Value Fund Inc (NYSE:NUV) by 8.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,658 shares of the closed-end fund’s stock after selling 6,837 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Nuveen Municipal Value Fund were worth $741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Advisor OS LLC purchased a new position in Nuveen Municipal Value Fund in the 2nd quarter worth approximately $120,000. Orion Portfolio Solutions LLC lifted its stake in Nuveen Municipal Value Fund by 50.0% in the 2nd quarter. Orion Portfolio Solutions LLC now owns 3,000 shares of the closed-end fund’s stock worth $31,000 after purchasing an additional

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Knowing the Key Differences Between Forex and Stock Options

Many investors will automatically think of stocks when options are mentioned in a conversation. Options are contracts that grant the owner the right but not the obligation to buy or sell 100 shares of an underlying stock for a set price by an expiration date – for a premium that must be paid regardless of whether the option is ever actually exercised or not. There are many strategies for investing with options and many involve hedging against a loss on other investments.

Forex options are similar to stock options in many ways but there are some differences that investors must be aware of before entering this sector of the currency market.

There are two basic options, the call (where the price of the security is expected to rise prior to expiration date) and the put (prices are expected to drop before the expiration date). When an investor purchases a call

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California Public Employees Retirement System Has $271,000 Stock Holdings in First Business Financial Services Inc (NASDAQ:FBIZ)

California Public Employees Retirement System cut its holdings in First Business Financial Services Inc (NASDAQ:FBIZ) by 8.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,500 shares of the financial services provider’s stock after selling 1,497 shares during the quarter. California Public Employees Retirement System owned about 0.19% of First Business Financial Services worth $271,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FBIZ. Pacific Ridge Capital Partners LLC increased its holdings in shares of First Business Financial Services by 32.5% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 285,694 shares of the financial services provider’s stock worth $4,700,000 after acquiring an additional 70,133 shares during the last quarter. Franklin Resources Inc. bought a new position in shares of First Business Financial Services in the first

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