Connor Clark Cuts PG Stake by 47.5%

Connor Clark & Lunn Investment Management Ltd., a significant investor in Procter & Gamble Company (The) $PG, recently sold 529,255 shares of the company's stock during the 2nd quarter.

This sale reduced their holdings in PG by 47.5% and left them with 585,583 shares at the end of the quarter, valued at approximately $85,870,000.

The firm has been a major shareholder in Procter & Gamble, and their recent divestment highlights the dynamic nature of investment portfolios among institutional investors.