Stocks
NVIDIA Shareholding Shifts Amid Tech Industry Turmoil
NVIDIA Corporation (NASDAQ:NVDA) has been a major player in the tech industry, and recent changes to its shareholding are drawing attention. Concorde Asset Management LLC reduced its holdings in NVIDIA by 25.3% during the first quarter.
The firm owned 28,514 shares of NVIDIA's stock after selling 9,634 shares during the period. These shares were worth approximately $4,973,000 as of the company's most recent SEC filing.
This change in shareholding is part of a broader trend in the tech industry, with other institutional investors also making adjustments to their positions in NVIDIA.