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Avalon Trust Co Sells Significant Portion of NVIDIA Shares

Guavy AI Editorial Team
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NVDA
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Avalon Trust Co has significantly reduced its position in NVIDIA Corporation (NASDAQ:NVDA). The firm decreased its holdings by 4.7% during the second quarter, selling 34,398 shares.

The sale resulted in Avalon Trust Co owning 692,561 shares of NVDA after the most recent reporting period. This represents about 8.5% of the company's total holdings, making NVIDIA its largest holding.

Avalon Trust Co's investment in NVDA was worth $138,575,000 at the end of the second quarter. Other institutional investors have also modified their positions in NVDA during this period.

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