NVIDIA Sees Increased Institutional Ownership Amid Growth
NVIDIA Corporation (NASDAQ:NVDA) has seen significant activity in its stock ownership by institutional investors. Guyasuta Investment Advisors Inc., for example, grew its holdings in NVIDIA by 1.7% during the second quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). This was achieved through the acquisition of an additional 2,246 shares, bringing their total ownership to 134,166 shares.
The value of Guyasuta Investment Advisors Inc.'s holdings in NVIDIA as of its most recent SEC filing is approximately $26.85 million, which accounts for about 1.4% of the company's overall holdings.
This increase in ownership is part of a larger trend in institutional investment in NVIDIA. State Street Corp, Geode Capital Management LLC, Norges Bank, and Bank of America Corp DE have all increased their stakes in the company during recent quarters.