Leavell Investment Management Trims NVIDIA Stock Position Amid Institutional Buying

NVIDIA Corporation (NVDA) has seen its stock position trimmed by Leavell Investment Management Inc. (LIM), which owns approximately 6.4% of NVIDIA's shares.

According to a recent SEC filing, LIM reduced its holdings in NVIDIA by 1.5% during the second quarter, selling 13,615 shares and decreasing its ownership from 873,950 shares to $174,869,000 in value.

This is not an isolated incident; other institutional investors have been buying or increasing their stakes in NVIDIA as well. For example, Defender Capital LLC grew its holdings by 0.7% in the second quarter and now owns 7,534 shares worth $1,507,000.