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United Capital Invests Heavily in Procter & Gamble

Guavy AI Editorial Team
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PG
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United Capital Financial Advisors LLC has invested $51.73 million in Procter & Gamble Company (NYSE: PG), purchasing 352,784 shares of its stock in the second quarter.

The firm's investment represents a new stake in the company, as it had not previously held any shares. This is not an isolated instance, as several other hedge funds have also made changes to their positions in Procter & Gamble during the same period.

Cary Street Partners Investment Advisory LLC, for example, grew its holdings in Procter & Gamble by 1.8% during the fourth quarter, while KLCM Advisors Inc. increased its position in the company by 0.9% in the first quarter.

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