SlateStone Wealth LLC Cuts NVIDIA Stake by 1.7%
NVIDIA Corporation (NASDAQ:NVDA) has been a significant holding for SlateStone Wealth LLC, which decreased its position by 1.7% in the second quarter.
The firm owned 260,075 shares of NVIDIA's stock after selling 4,529 shares during the period, with those holdings being worth $52,038,000 at the end of the most recent reporting period.
NVIDIA accounts for about 4.0% of SlateStone Wealth LLC's investment portfolio, making it the company's 2nd largest position.
In addition to SlateStone Wealth LLC, several other hedge funds have also modified their holdings in NVIDIA, including Lifetime Wealth Management P.C., which purchased a new stake in the 4th quarter worth $26,000, and Longview Financial Advisors Inc., which purchased a new position in shares of NVIDIA in the first quarter valued at about $27,000.