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NVIDIA Stake Reduced by Advisors Management Group as Institutional Investors Adjust Holdings

Guavy AI Editorial Team
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NVDA
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Advisors Management Group Inc., ADV has reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by selling 2,361 shares in the second quarter. This sale represents a 2.3% decrease in their holdings of NVIDIA.

The institutional investor now owns 99,177 shares of NVIDIA's stock, which accounts for about 3.3% of Advisors Management Group Inc.'s portfolio. The value of these holdings is approximately $19,844,000 as of its most recent filing with the SEC.

Other hedge funds and institutional investors have also adjusted their stakes in NVIDIA during the second quarter. LightSquare Wealth Management LLC boosted its holdings by 0.3%, while Defender Capital LLC increased its stake by 0.7%.

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