NVIDIA Sees Surge in Institutional Investor Support
NVIDIA Corporation (NASDAQ:NVDA) has seen its shares increase in value following several positive developments. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, a firm that specializes in managing insurance funds for workers, grew its holdings in NVIDIA by 34.1% during the second quarter.
The company now owns 89,200 shares of NVIDIA's stock, making it their 12th largest holding, accounting for 2.4% of their portfolio. The value of these shares is approximately $17,848,000 according to their most recent SEC filing.
Other institutional investors have also modified their holdings in the company, including Lifetime Wealth Management P.C., which bought a new position in NVIDIA worth $26,000, and Horrell Capital Management Inc., which increased its position by 38.1% in the fourth quarter.