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Published on 6 May 2024 on Motley Fool via Yahoo Finance

Billionaires Are Selling Nvidia Stock and Buying 2 Top Index Funds That Beat the S&P 500 Over the...

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Chipmaker Nvidia (NASDAQ: NVDA) has been one of the hottest growth stocks on the market, with shares more than tripling in the past year alone. But the hedge fund billionaires listed below sold down their positions in Nvidia during the fourth-quarter and reallocated some capital to two high-growth index funds, the Invesco QQQ Trust (NASDAQ: QQQ) and the iShares U.S. Technology ETF (NYSEMKT: IYW).

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