EverSource Cuts NVIDIA Stake Amid Ongoing Ownership Adjustments
NVIDIA Corporation (NASDAQ:NVDA) saw its stake reduced by 11.3% in the second quarter, according to its latest filing with the SEC.
EverSource Wealth Advisors LLC sold 31,000 shares of NVIDIA's stock, leaving them with a total of 242,540 shares.
The firm's holdings in NVIDIA are worth approximately $48,530,000 and make up about 1.6% of their portfolio.
This is not the only change in NVIDIA's ownership - other institutional investors have also made adjustments to their stakes in the company.
Bank of America Corp DE increased its stake by 2.1% during the first quarter, purchasing an additional 4,019,505 shares for a total value of $33,345,453,000.