Procter & Gamble Company (The) $PG Shares Sold by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC significantly reduced its stake in Procter & Gamble (NYSE:PG) by 75.8% in the fourth quarter, selling 426,046 shares. Despite this, other institutional investors increased their holdings, and 65.77% of the stock is currently owned by institutional investors and hedge funds. The article also highlights recent positive news for P&G, including product launches and strategic supply chain moves, alongside a warning of a potential $150M hit from the Iran war supply disruptions.

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