Shopify Inc. (NYSE: SHOP) has seen a surge in its stock price over the past few months, and Allworth Financial LP has taken notice. According to the most recent filing with the Securities and Exchange Commission (SEC), Allworth Financial LP held $331,000 worth of Shopify shares at the end of the reporting period.The filing also revealed that several other hedge funds and institutional investors have also increased their holdings in Shopify. Among them are Renaissance Technologies LLC, which held $2.2 million worth of Shopify shares at the end of the reporting period, and Citadel Investment Group LLC, which held $1.3 million worth of Shopify shares.Shopify's stock price has been on a steady rise since the beginning of the year, and the company's market capitalization has grown to over $100 billion. The company's stock price has more than doubled since the start of the year, and it has gained more than 80% since the start of the second quarter.The company's strong performance has been driven by its success in the e-commerce space. Shopify has been able to capitalize on the shift to online shopping that has been accelerated by the COVID-19 pandemic. The company has also seen strong growth in its subscription services, which have been a major driver of its revenue growth.Shopify's success has also been driven by its focus on innovation. The company has invested heavily in its technology platform, which has enabled it to offer a wide range of services to its customers. This has enabled the company to expand its customer base and increase its revenue.The company's strong performance has also been driven by its focus on customer service. Shopify has been able to provide its customers with a high level of customer service, which has helped to drive customer loyalty and increase its revenue.Overall, Shopify's strong performance has been driven by its focus on innovation, customer service, and its success in the e-commerce space. This has enabled the company to attract the attention of institutional investors, such as Allworth Financial LP, and has helped to drive its stock price higher.Sources: 1. https://www.sec.gov/Archives/edgar/data/1709154/000173876520000102/xslF345X03/primary_doc.xml2. https://www.fool.com/investing/2020/08/17/shopify-stock-has-more-than-doubled-in-2020-heres-wh/3. https://www.fool.com/investing/2020/07/13/shopify-stock-has-surged-in-2020-heres-why/