QRG Capital Management Inc. Increases Position in The Progressive Corporation $PGR

QRG Capital Management Inc. has increased its stake in The Progressive Corporation (NYSE:PGR) by 19.2% in the second quarter, now holding 86,011 shares valued at approximately $18.8 million. Other institutional investors have also adjusted their positions in Progressive, which saw 85.34% of its stock owned by hedge funds and institutional investors. Despite insider selling totaling $22.7 million over the past 90 days, the company reported strong quarterly earnings, beating estimates with $5.67 E