Thompson Davis & CO. Inc. purchased a new position in shares of Cronos Group Inc. (NASDAQ:CRON – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 13,200 shares of the company’s stock, valued at approximately $29,000.
Other large investors also recently made changes to their positions in the company. Tidal Investments LLC raised its stake in Cronos Group by 4.4% in the 3rd quarter. Tidal Investments LLC now owns 5,026,489 shares of the company’s stock valued at $11,008,000 after acquiring an additional 210,263 shares during the period. Janney Montgomery Scott LLC increased its position in Cronos Group by 72.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 380,575 shares of the company’s stock worth $769,000 after buying an additional 159,575 shares during the period. Intact Investment Management Inc. increased its position in Cronos Group by 89.1% during the 3rd quarter. Intact Investment Management Inc. now owns 377,890 shares of the company’s stock worth $836,000 after buying an additional 178,100 shares during the period. SeaCrest Wealth Management LLC increased its position in Cronos Group by 77.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 189,245 shares of the company’s stock worth $382,000 after buying an additional 82,500 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Cronos Group during the 3rd quarter worth $140,000. Institutional investors and hedge funds own 8.71% of the company’s stock.
Cronos Group Stock Performance
Shares of NASDAQ CRON opened at $1.97 on Friday. Cronos Group Inc. has a 52 week low of $1.83 and a 52 week high of $3.14. The stock’s fifty day moving average is $1.96 and its 200 day moving average is $2.10.
About Cronos Group
Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.
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