Wakefield Asset Management LLLP purchased a new position in Arista Networks, Inc. ( NYSE:ANET – Get Rating ) during the fourth quarter, HoldingsChannel reports. The fund purchased 19,367 shares of the technology company's stock, valued at approximately $2,350,000. Other hedge funds have also recently bought and sold shares of the company. Cibc World Market Inc. raised its stake in shares of Arista Networks by 135.9% during the 1st quarter. Cibc World Market Inc. now owns 34,026 shares of the technology company's stock worth $4,729,000 after buying an additional 19,602 shares during the last quarter.

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