Tortoise Investment Management LLC Boosts Stake in NVIDIA Corporation
Tortoise Investment Management LLC has increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 26.7% during the second quarter, according to its latest SEC filing.
The firm now owns 11,950 shares of NVIDIA's stock after acquiring an additional 2,516 shares during the quarter, with a total value of $2,391,000 as of its most recent filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in NVIDIA. This includes Lifetime Wealth Management P.C., which acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $26,000.
NVIDIA's stock has been impacted by various news stories this week, including the company authorizing an additional $150 billion for share repurchases and management's forecast of substantial growth despite the company's enormous scale.