Stocks
HBK Sorce Advisory LLC Invests $9.76 Million in Procter & Gamble Company
HBK Sorce Advisory LLC made a significant investment in Procter & Gamble Company (PG), acquiring approximately $9.76 million worth of shares in the second quarter.
The institutional investor purchased 66,452 shares of PG's stock, which now comprises about 0.2% of HBK Sorce Advisory LLC's holdings and is its 29th largest position.
This investment comes as Procter & Gamble continues to grow its business, with a net margin of 18.44% and a return on equity of 31.36% in the latest quarter.