Macquarie Value Fund Reduces Stake in Genuine Parts Co, Selling 23,000 Shares

Macquarie Value Fund reduced its stake in Genuine Parts Co (GPC) by 6.07%, selling 23,000 shares and holding 355,997 shares valued at $46.4mln. Other large investors modified their holdings of the stock, with Sequoia Global Value ETF raising its stake by 96.3% and Horizon Defined Risk Fund raising its stake by 1.43%. GPC's price performance shows a 52-week low of $104.01 and a 52-week high of $143.48, with a market capitalization of $19.33bln.