Stocks
NVIDIA Stock Position Raised by Infrastructure Capital Advisors LLC
NVIDIA Corporation saw its stock position raised by Infrastructure Capital Advisors LLC in the first quarter. The firm owned 14,999 shares of NVIDIA's stock after purchasing an additional 8,070 shares.
This is not an isolated incident as several other hedge funds have also modified their holdings in NVDA. Maverick Capital Ltd. lifted its holdings in shares of NVIDIA by 6.3% during the first quarter and Excelsior Advisor Network LLC raised its holdings in NVIDIA by 6.9%.
NVIDIA's stock has been performing well with a strong rally lifting the stock roughly 12% over five sessions. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance.