A large European asset manager has made big changes in its largest U. S-traded stock investments, specifically in auto manufacturers and a chip maker.
DNB Asset Management, a unit of Norway’s largest financial-services firm DNB, bought more shares of Nvidia (ticker: NVDA) and electric-vehicle maker Rivian Automotive ( RIVN ), and cut its investments in Ford Motor ( F ) and General Motors ( GM ) in the third quarter.
Source: finance.yahoo.com
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