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Principal Financial Group Trims Stake in NVIDIA

Guavy AI Editorial Team
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NVDA
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NVIDIA Corporation (NVDA) has been a significant holding for Principal Financial Group Inc., which decreased its stake in the company's shares by 3.0% during the second quarter.

The institutional investor sold 1,192,149 shares of NVDA stock, bringing its total holdings to 38,405,664 shares.

This represents approximately 3.8% of Principal Financial Group Inc.'s investment portfolio and makes NVIDIA its biggest position.

According to the company's most recent filing with the SEC, Principal Financial Group Inc. owned approximately 0.16% of NVDA worth $7,684,592,000 as of the second quarter.

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