Public Employees Retirement System of Ohio Takes Position in CNB Financial Services, Inc. $CBFC

Public Employees Retirement System of Ohio acquired a new position in shares of CNB Financial Services, Inc. (OTCMKTS:CBFC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 155,040 shares of the company’s stock, valued at approximately $38,174,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Financial Management LLC bought a new position in CNB Financial Services during the 2nd quarter valued at about $99,000. C M Bidwell & Associates Ltd. purchased a new position in shares of CNB Financial Services during the second quarter valued at approximately $291,000. Comprehensive Financial Planning Inc. PA bought a new position in CNB Financial Services during the second quarter valued at approximately $232,000. Finally, Foster & Motley Inc. bought a new position in CNB Financial Services during the second quarter valued at approximately $338,000.

CNB Financial Services Stock Performance

Shares of CBFC stock opened at $80.00 on Friday. CNB Financial Services, Inc. has a 12-month low of $45.00 and a 12-month high of $80.00. The firm’s 50 day moving average is $71.00 and its 200 day moving average is $57.34.

CNB Financial Services Company Profile

CNB Financial Services, Inc operates as the bank holding company for CNB Bank, Inc that provides various banking products and services to individuals and businesses in the United States. The company accepts checking, savings, and individual retirement accounts; demand deposits; and certificates of deposit (CDs). Its loan products include consumer loans, such as new and used vehicle, equipment, CNB savings/CD secured, unsecured personal, RV, wedding, vacation, and home improvement; commercial loans comprising small business lending, medium to large business lending, churches, and non-profits; residential lending products, consisting of in-house and secondary market residential, construction, home equity, land loans, first-time homebuyers, and professionals program; and real estate mortgage and installment loans.