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[BUSINESS] · United States · 3 sources

Institutional Investors Increase Stakes in Procter & Gamble and Citigroup

Shariaportfolio Inc. filed a 13F showing it bought 11,512 shares of Procter & Gamble Co., worth about $1.66 million, representing roughly 0.7 % of its portfolio and making the stock its 22nd largest holding.

PVG Asset Management Corp. reported a 322 % increase in its Citigroup Inc. position during the first quarter, adding 12,835 shares to own a total of 16,821 shares valued at about $1.91 million, or 1.4 % of its holdings. Both filings highlight continued strong institutional ownership of the two large U.S. financial and consumer‑goods companies.

Entities: Carmignac Gestion · Citigroup Inc. · EasyJet plc · First Trust Advisors LP · Frontdoor Inc. · PVG Asset Management Corp. · Paramount Resources Ltd. · Procter & Gamble Co. · Shariaportfolio Inc. · XPO, Inc.