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Beacon Capital Management Sells 41% Stake in Procter & Gamble

Guavy AI Editorial Team
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Beacon Capital Management LLC recently cut its stake in Procter & Gamble Company (The) stock by 41.0% in the 2nd quarter, according to a recent disclosure with the Securities and Exchange Commission.

The firm owned 12,781 shares of the company's stock after selling 8,889 shares during the quarter. These holdings were worth $1,874,000 as of the most recent SEC filing.

This move comes amidst other changes in ownership positions within the company. E Fund Management Hong Kong Co. Ltd. lifted its position by 1,000.0% in the fourth quarter, while Park Square Financial Group LLC increased its holdings by 65.1% over the same period.

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