Ieq Capital Cuts Stake in Procter & Gamble
Ieq Capital LLC reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 33.2% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The firm owned 167,388 shares of PG's stock after selling 83,236 shares during the quarter. Ieq Capital LLC's holdings in Procter & Gamble were worth $24,546,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also adjusted their stakes in PG recently. BlackRock Inc. acquired a new position in shares of Procter & Gamble in the 2nd quarter worth approximately $27,862,105,000.