Zurcher Kantonalbank buys stakes in Nikola

Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Nikola Corporation (NASDAQ:NKLA) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.

The fund purchased 6,351 shares of the company’s stock, valued at approximately $429,000.

A number of other hedge funds also recently bought and sold shares of the stock.

Raymond James Financial Services Advisors Inc. acquired a new position in Nikola during the second quarter worth about $1,377,000.

Cambridge Investment Research Advisors Inc. acquired a new position in Nikola during the second quarter worth about $1,172,000. SeaCrest Wealth Management LLC acquired a new position in Nikola during the second quarter worth about $682,000.

Banque Cantonale Vaudoise acquired a new position in Nikola during the second quarter worth about $664,000.

Finally, Envestnet Asset Management Inc. acquired a new position in Nikola during the second quarter worth about $610,000. 72.38% of the stock is owned by institutional investors and hedge funds.

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