NVIDIA Sees Significant Institutional Support Amid Growing Bearish Bets

NVIDIA Corporation (NASDAQ:NVDA) has caught the attention of several institutional investors and hedge funds, including Earned Wealth Advisors LLC. According to a recent SEC filing, Earned Wealth Advisors LLC boosted its holdings in NVIDIA by 23.9% during the first quarter.

The firm's stake in NVIDIA now accounts for about 1.5% of its investment portfolio, making it the company's 19th largest position. As of its most recent SEC filing, the value of Earned Wealth Advisors LLC's holdings in NVIDIA was $21,909,000.

Others have also increased their stakes in NVIDIA, including Diversified Enterprises LLC and ASR Vermogensbeheer N.V., while some investors, such as Michael Burry, are reportedly expanding bearish bets against the company.