NVIDIA Sees Significant Institutional Investment
NVIDIA Corporation (NASDAQ:NVDA) has seen significant investment from various institutional investors, including Independence Bank of Kentucky. According to its most recent Form 13F filing with the Securities & Exchange Commission, Independence Bank of Kentucky increased its holdings in NVIDIA by 5.6% in the second quarter.
The firm owned 141,669 shares of the computer hardware maker's stock after acquiring an additional 7,538 shares during the quarter. This represents approximately 3.2% of Independence Bank of Kentucky's portfolio, making NVIDIA its 6th biggest position.
NVIDIA comprises a significant portion of Independence Bank of Kentucky's holdings, with a value of $28.347 million as of its most recent SEC filing. Several other large investors have also added to or reduced their stakes in the stock, including Norges Bank and J. Stern & Co. LLP.