Cooper Financial Group trimmed its holdings in NVIDIA Corporation by 3.2% in the second quarter. The firm sold more than 6,000 shares but still maintains a significant $29.97 million stake, reflecting NVIDIA’s continued role in its portfolio.
Cooper Financial Group Has $29.97 Million Stake in NVIDIA Corporation $NVDA
Key Takeaways:
- Cooper Financial Group decreased its NVIDIA stake by 3.2%.
- The firm sold 6,283 shares in the second quarter.
- Current NVIDIA holding stands at 189,692 shares.
- The value of the remaining stake is approximately $29.97 million.
- NVIDIA accounts for 3.5% of the firm’s overall portfolio.
Overview
Cooper Financial Group recently disclosed that it reduced its stake in NVIDIA Corporation by 3.2% during the second quarter. The firm’s most recent filing with the U.S. Securities & Exchange Commission underscores the adjustment while also affirming NVIDIA’s continued importance within the group’s portfolio.
Details on the Shares
Before this reduction, Cooper Financial Group held a larger number of NVIDIA shares, but the firm sold 6,283 shares in the second quarter. Following this transaction, Cooper Financial Group still owns 189,692 shares, making NVIDIA one of its prominent investments.
Position in the Portfolio
NVIDIA represents 3.5% of Cooper Financial Group’s holdings, a substantial figure that indicates an ongoing confidence in the computer hardware maker’s performance. Despite the slight reduction, the consistent presence of NVIDIA in the portfolio signals the firm’s continuing interest in the technology sector.
Disclosure with the SEC
The specifics of this stock sale emerged in a filing submitted to the Securities & Exchange Commission. Such public disclosures aim to provide transparency in the financial markets, allowing observers to track institutional trends and gauge potential impacts on share values.
Market Perspective
Although Cooper Financial Group shed part of its NVIDIA position, the remaining 189,692 shares reflect a sizable investment now worth an estimated $29.97 million. Given NVIDIA’s influence in computing hardware and innovative technologies, the magnitude of Cooper’s stake underscores the firm’s belief in the company’s long-term prospects—even amid routine portfolio adjustments.