Quantbot Technologies LP Acquires New Stake in Procter & Gamble Company (The)
Quantbot Technologies LP has acquired a new stake in Procter & Gamble Company (The) ($PG), purchasing 34,134 shares worth approximately $5,005,000 during the second quarter. This is just one of several institutional investors that have bought into P&G recently. E Fund Management Hong Kong Co. Ltd., for example, saw its holdings grow by a thousand percent in the fourth quarter.
Park Square Financial Group LLC increased its stake in Procter & Gamble by 65.1% during the same period, while Evolution Wealth Management Inc. saw its holding jump by 1,315.4%. The total value of these new investments is around $26,000. Hedge funds and other institutional investors now own approximately 65.77% of P&G's stock.