Nvidia is the third largest holding within the ETF, weighted at 7.54%. Read Next: AI Tailwinds Boost Super Micro Computer Analyst's Bull Case: 'Expect Strong Revenue Growth' Trending: Elon Musk, Steve Jobs Autographed Business Cards Up For Auction: Here's How Much They Will Set You Back On Wednesday, BofA Securities analyst Vivek Arya reiterated Buy rating on Nvidia stock and raised a price target from $925 to $1,100. The new price target implies an upside of 21% and indicates Arya sees room for Nvidia to surge higher.