NVIDIA Sees Institutional Investor Share Trim
NVIDIA Corporation (NASDAQ:NVDA) saw its holdings trimmed by Premier Fund Managers Ltd in the second quarter. The institutional investor cut its stake in NVIDIA by 2.3%, selling 3,021 shares during the period.
Premier Fund Managers Ltd now owns 129,520 shares of NVIDIA's stock after the sale, valued at $25,242,000. This represents about 2.3% of Premier Fund Managers Ltd's investment portfolio, making NVIDIA its second biggest holding.
This is not an isolated case, as several other institutional investors and hedge funds also recently bought or sold shares of NVIDIA. Boyd Wealth Management LLC, for instance, increased its position in the company by 273.4% in the second quarter, owning 9,145 shares valued at $1,830,000 after acquiring an additional 6,696 shares.