Procter & Gamble Sees Increased Institutional Ownership from National Pension Service

National Pension Service increased its stake in Procter & Gamble (PG) by 3.1% during the second quarter, buying an additional 167,621 shares, according to a recent SEC filing. The firm now owns 5,639,311 shares of PG's stock.

This move comes as several other large investors have also made changes to their positions in Procter & Gamble. For example, Brighton Jones LLC raised its position by 51.5% in the fourth quarter, while Sivia Capital Partners LLC grew its stake by 19.8% during the second quarter.

Procter & Gamble's latest earnings report showed a beat on earnings per share of $1.43 compared to the consensus estimate of $1.41, with revenue coming in at $21.20 billion for the quarter.