TIAA CREF Investment Management LLC cut its stake in Metaldyne Performance Group Inc (NYSE:MPG) by 4.3% during the first quarter, Holdings Channel reports. The fund owned 72,142 shares of the auto parts company’s stock after selling 3,217 shares during the period. TIAA CREF Investment Management LLC’s holdings in Metaldyne Performance Group were worth $1,648,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Sei Investments Co. boosted its stake in shares of Metaldyne Performance Group by 1,908.3% in the first quarter. Sei Investments Co. now owns 33,981 shares of the auto parts company’s stock valued at $776,000 after buying an additional 32,289 shares during the period. State Street Corp boosted its stake in shares of Metaldyne Performance Group by 11.0% in the fourth quarter. State Street Corp now owns 304,636 shares of the auto parts company’s stock valued at $6,993,000 after buying an additional 30,194 shares during the period. Virtu Financial LLC acquired a new stake in shares of Metaldyne Performance Group during the first quarter valued at about $643,000. State of Wisconsin Investment Board boosted its stake in shares of Metaldyne Performance Group by 12.1% in the first quarter. State of Wisconsin Investment Board now owns 156,920 shares of the auto parts company’s stock valued at $3,586,000 after buying an additional 16,920 shares during the period. Finally, K2 Principal Fund L.P. boosted its stake in shares of Metaldyne Performance Group by 10.5% in the first quarter. K2 Principal Fund L.P. now owns 117,916 shares of the auto parts company’s stock valued at $2,694,000 after buying an additional 11,202 shares during the period. 18.58% of the stock is owned by institutional investors.

Shares of Metaldyne Performance Group Inc (MPG) traded down 1.13% during midday trading on Friday, reaching $21.90. 1,073,002 shares of the company’s stock traded hands. Metaldyne Performance Group Inc has a 52 week low of $13.90 and a 52 week high of $24.00. The stock’s 50 day moving average is $21.90 and its 200-day moving average is $22.42.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this piece on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece can be accessed at https://www.watchlistnews.com/metaldyne-performance-group-inc-mpg-stake-reduced-by-tiaa-cref-investment-management-llc/1474758.html.

About Metaldyne Performance Group

Metaldyne Performance Group Inc provides components for use in engine, transmission and driveline (Powertrain) and chassis, suspension, steering and brake component (Safety-Critical) Platforms for the global light, commercial and industrial vehicle markets. The Company produces these components using complex metal-forming manufacturing technologies and processes for a customer base of vehicle original equipment manufacturers and Tier I suppliers.

Want to see what other hedge funds are holding MPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Metaldyne Performance Group Inc (NYSE:MPG).

Institutional Ownership by Quarter for Metaldyne Performance Group (NYSE:MPG)

Receive News & Ratings for Metaldyne Performance Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metaldyne Performance Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.