NVIDIA Sees Continued Institutional Investment Growth

NVIDIA Corporation (NVDA) has seen its share price grow significantly over the past year, and several institutional investors have taken notice. One of them is Strategic Investment Solutions Inc. IL, which grew its stake in NVIDIA by 34.7% in the second quarter.

The company now owns 24,566 shares of NVDA's stock, worth $4,916,000 at the end of the most recent quarter. This represents about 1.1% of Strategic Investment Solutions Inc. IL's portfolio and makes NVIDIA its 21st largest position.

This growth in ownership is not unique to Strategic Investment Solutions Inc. IL; several other large investors have also increased their stakes in NVDA over the past few quarters. For example, Spectrum Financial Alliance Ltd LLC raised its holdings by 3.8% in the first quarter and now owns 1,395 shares of NVDA's stock.

NVIDIA has a market capitalization of $5.45 trillion and a P/E ratio of 34.46. The company has also seen significant growth in revenue, which increased by 85.2% year-over-year to $81.61 billion during the most recent quarter. Analysts expect NVIDIA's earnings per share to be around $8.79 for the current fiscal year.