NVIDIA Loses Significant Shareholder as Evoke Wealth Sells Millions of Dollars Worth of Stock

NVIDIA Corporation (NVDA) has been a significant holding for Evoke Wealth LLC, making up about 28.0% of the fund's investment portfolio.

Evoke Wealth trimmed its position in shares of NVIDIA by selling 229,221 shares during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The fund owned 2,177 shares of the computer hardware maker's stock after the sale, with a total value of $436,000 at the end of the reporting period.

Other hedge funds have also modified their holdings in NVIDIA during the same quarter, including United Bank, which raised its stake by 0.3%, and Trivest Advisors Ltd, which grew its position by 23.4%.