Microsoft Co. (NASDAQ:MSFT) has seen an increase in its shares as Everence Capital Management Inc. raised its holdings in the company by 2.8% during the 3rd quarter, as reported in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 215,908 shares of the software giant’s stock, making Microsoft approximately 5.3% of Everence Capital Management Inc.’s investment portfolio.

With the value of Everence Capital Management Inc.’s holdings in Microsoft reaching $68,173,000, it stands as the firm’s 3rd largest position. This move reflects a positive outlook on the future growth of Microsoft Co.

Notably, other major investors have also made significant changes to their positions in the company. Vanguard Group Inc. augmented its position in Microsoft by 1.0% during the same period, now holding 634,238,715 shares of the software giant’s stock worth $147,714,197,000 after acquiring an additional 6,129,708 shares in the last quarter.