J. M. Brown & Associates Inc. Invests $4.55M in NVIDIA Corporation
NVIDIA Corporation (NASDAQ:NVDA) has attracted significant attention from institutional investors. J. M. Brown & Associates Inc. acquired a new stake in NVIDIA during the second quarter, purchasing 22,757 shares valued at approximately $4,554,000.
This investment accounts for 2.6% of J. M. Brown & Associates Inc.'s portfolio, making it the company's 13th largest position.
Other large investors have also made significant changes to their holdings in NVIDIA. J. Stern & Co. LLP increased its position by 13,709.1%, purchasing an additional 124,849,603 shares during the last quarter.
NVIDIA's stock price has been affected by various market and economic factors. The company's stock opened at $210.96 on Tuesday, with a market capitalization of $5.08 trillion and a PE ratio of 26.67.