Enzi Wealth recently reduced its position in NVIDIA Corporation by 10.2%, selling 2,123 shares during the second quarter. Despite this reduction, the institutional investor retains 18,692 shares in the computer hardware giant, as disclosed in a filing with the Securities and Exchange Commission.
Enzi Wealth Sells 2,123 Shares of NVIDIA Corporation $NVDA
Key Takeaways:
- Enzi Wealth reduced its NVIDIA holdings by 10.2%.
- A total of 2,123 shares were sold.
- The investor still holds 18,692 shares post-sale.
- The changes were filed with the SEC.
- The move took place during the second quarter.
Scope of the Transaction
Enzi Wealth, an institutional investor, cut its holdings in NVIDIA Corporation—trading on NASDAQ under the symbol NVDA—by 10.2% during the second quarter. This reduction amounted to the sale of 2,123 shares.
Ongoing NVIDIA Investment
Despite the sale, Enzi Wealth still owns 18,692 shares of NVIDIA’s stock, according to the company’s most recent filing with the Securities and Exchange Commission. NVIDIA is known for its role as a computer hardware maker, particularly in graphics processing units.
Regulatory Filings and Transparency
The transaction details were disclosed through the SEC, which ensures that shareholders, as well as the broader market, have access to timely and accurate information regarding changes in major investors’ stock ownership.
Institutional Investor Strategies
Enzi Wealth’s decision to sell a portion of its NVIDIA shares provides investors with a snapshot of how some institutional players manage their portfolios. The exact reasoning behind the move was not provided, but the transaction itself signals an ongoing rebalancing or strategic shift within Enzi Wealth’s overall investment approach.