Nvidia Attracts More Institutional Investment, Holdings Increase 24.5%

NVIDIA Corporation (NASDAQ:NVDA) continues to attract significant institutional investment. Midwest Financial Group LLC raised its position in shares of NVIDIA by 24.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

The institutional investor owned 11,626 shares of the computer hardware maker's stock after purchasing an additional 2,287 shares during the period. This accounts for about 0.8% of Midwest Financial Group LLC's investment portfolio, making the stock its 24th largest position. The company's holdings in NVIDIA were worth $2,326,000 at the end of the most recent reporting period.

This is not an isolated instance, as several other large investors have also made significant changes to their positions in the company. For example, Brighton Jones LLC grew its position in NVIDIA by 12.4% in the fourth quarter and now owns 324,901 shares valued at $43,631,000.