NVIDIA Gains Traction Among Institutional Investors
NVIDIA Corporation (NASDAQ:NVDA) has been gaining traction among institutional investors. Strategic Investment Advisors MI increased its stake in NVIDIA by 29% during the first quarter, according to a recent filing with the SEC.
The fund now owns 119,290 shares of NVIDIA's stock after purchasing an additional 26,833 shares during the quarter. This represents about 1.4% of Strategic Investment Advisors MI's holdings and makes NVIDIA its 20th biggest holding.
NVIDIA accounts for $20,820,000 of Strategic Investment Advisors MI's holdings as of its most recent filing with the SEC.