US EditionSummit Investment Advisors Inc. Reduces Stock Position in Genuine Parts (NYSE:GPC)
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Summit Investment Advisors Inc. Reduces Stock Position in Genuine Parts (NYSE:GPC)
Summit Investment Advisors Inc. cut its stake in Genuine Parts (NYSE:GPC – Free Report) by 25.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,516 shares of the specialty retailer’s stock after selling 3,291 shares during the quarter. Summit Investment Advisors Inc.’s holdings in Genuine Parts were worth $1,111,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors also…
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