Add chicken broth, chicken, olive oil and spices to an Instant Pot.
Seal the pot, and set to Manual for 8 minutes.
Once the chicken has finished cooking, release the steam.
Remove the chicken from the pot, and shred on a cutting board with 2 forks.
Turn the instant pot to the “Saute” setting.
In the remaining chicken broth, add the cream cheese and ranch seasoning. Stir to melt the cream cheese into a sauce.
Turn off the Instant Pot, and then add the chicken back into the pot and mix to combine.
Serve with guacamole and salsa in lettuce wraps.