Institutional Investors Pump Up NVIDIA Stake Amid AI Growth Prospects
NVIDIA Corporation's (NASDAQ:NVDA) shares have been increasing in value as institutional investors continue to purchase and hold onto the stock.
According to a recent SEC filing, Vertrix Wealth Management LLC boosted its stake in NVIDIA by 19.2% in the second quarter, acquiring an additional 4,431 shares during this period.
This brings their total holdings in NVIDIA to 27,485 shares, making it approximately 1.9% of their portfolio and their 15th largest position.