Institutional Investors Adjust Stakes in Generac and Gentex

Ethic Inc. disclosed a reduction in its investment in Generac Holdings Inc., trimming its position in the generator maker as reported in a recent SEC filing. In a separate filing, Independent Advisor Alliance announced a new $1.65 million purchase of 71,026 shares of Gentex Corporation, the automotive‑parts supplier. Both moves were detailed in the investors’ 13F reports and reflect portfolio rebalancing by U.S. institutional funds.