KMG Fiduciary Cuts NVIDIA Holdings by Nearly 30%
KMG Fiduciary Partners LLC has decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 28.9% during the second quarter, according to a recent disclosure with the Securities & Exchange Commission.
The firm owned 282,240 shares of the computer hardware maker's stock after selling 114,986 shares during the period.
NVIDIA comprises approximately 5.2% of KMG Fiduciary Partners LLC's investment portfolio, making it its second biggest holding.
KMG Fiduciary Partners LLC's holdings in NVIDIA were worth $56,473,000 at the end of the most recent quarter.
The firm has a market cap of $5.20 trillion and a P/E ratio of 32.89.