Pinnacle West Asset Management Inc. purchased a new position in BlackRock, Inc. ( NYSE:BLK – Free Report ) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,196 shares of the asset manager's stock, valued at approximately $1,469,000. BlackRock makes up 1.5% of Pinnacle West Asset Management Inc.'s portfolio, making the stock its 14th biggest holding. Other hedge funds and other institutional investors have also recently bought and sold shares of the company.

https://www.dailypolitical.com/2023/08/20/pinnacle-west-asset-management-inc-makes-new-investment-in-blackrock-inc-nyseblk.html

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