NVIDIA Sees Surge in Institutional Investment Amid AI Growth

NVIDIA Corporation (NASDAQ:NVDA) has been a favorite among institutional investors. Family Investment Center Inc., for instance, significantly increased its stake in NVIDIA by 138.6% during the second quarter. The fund purchased an additional 4,022 shares of the company's stock, bringing its total holdings to 6,923 shares.

Family Investment Center Inc.'s investment in NVIDIA accounts for approximately 0.2% of its portfolio, making it the company's 23rd biggest position. As of its most recent SEC filing, the value of these holdings was $1,385,000.