Virtu KCG Holdings LLC purchased a new stake in shares of ARI Network Services, Inc. (NASDAQ:ARIS) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 16,475 shares of the software maker’s stock, valued at approximately $116,000. Virtu KCG Holdings LLC owned 0.09% of ARI Network Services at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of ARI Network Services by 39.6% during the second quarter. Vanguard Group Inc. now owns 778,622 shares of the software maker’s stock valued at $5,489,000 after buying an additional 220,836 shares during the period. Dalton Greiner Hartman Maher & Co. increased its position in shares of ARI Network Services by 9.9% during the second quarter. Dalton Greiner Hartman Maher & Co. now owns 289,478 shares of the software maker’s stock valued at $2,041,000 after buying an additional 26,057 shares during the period. Kassirer Asset Management Corp purchased a new position in shares of ARI Network Services during the second quarter valued at about $1,234,000. K2 Principal Fund L.P. purchased a new position in shares of ARI Network Services during the second quarter valued at about $936,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of ARI Network Services during the second quarter valued at about $845,000. Institutional investors own 36.07% of the company’s stock.

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Separately, Zacks Investment Research cut shares of ARI Network Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 9th.

About ARI Network Services

ARI Network Services, Inc (ARI) provides Website, software and data solutions. The Company’s solutions include Lead Generation and eCommerce Websites, eCatalogs, Business Management Software, Digital Marketing Services. It offers a menu of Website add-ons, including a mobile inventory management application, third-party inventory integrations and business management integrations.

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Institutional Ownership by Quarter for ARI Network Services (NASDAQ:ARIS)

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