After a review of 13Fs filed for the end of Q2, Morgan Stanley said most mega-cap technology stocks remain “under-owned” in terms of institutional ownership relative to their weighting in the S&P 500. Nvidia (NVDA) is now the “most under-owned large-cap tech stock” the firm tracks as the gap between S&P 500 weighting and institutional ownership widened in Q2 by 92 basis points quarter-over-quarter, which was more than any other large-cap tech stock, the firm tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Let’s Look at Who Owns Nvidia Stock (NVDA) Ahead of Q2 Earnings
- BUZZ High Performance partners with Bell Canada to deliver Nvidia AI to Canada
- Nvidia working on new AI chip for China, Reuters reports
- ‘Buy Nvidia Stock,’ Recommends Morgan Stanley Ahead of Q2 Earnings
- Arm Poaches Amazon’s AI Expert to Boost In-House Chip Ambitions