Brooklyn FI LLC Takes $96,000 Position in Cronos Group Inc. (NASDAQ:CRON)

Brooklyn FI LLC purchased a new stake in Cronos Group Inc. (NASDAQ:CRON) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,000 shares of the company’s stock, valued at approximately $96,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC acquired a new position in shares of Cronos Group in the third quarter valued at about $97,000. Janney Montgomery Scott LLC grew its stake in shares of Cronos Group by 72.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 380,575 shares of the company’s stock valued at $769,000 after acquiring an additional 159,575 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Cronos Group in the fourth quarter worth $30,000. SeaCrest Wealth Management LLC increased its position in shares of Cronos Group by 77.3% in the fourth quarter. SeaCrest Wealth Management LLC now owns 189,245 shares of the company’s stock worth $382,000 after purchasing an additional 82,500 shares during the period. Finally, Jones Financial Companies Lllp increased its position in shares of Cronos Group by 64.5% in the fourth quarter. Jones Financial Companies Lllp now owns 16,623 shares of the company’s stock worth $34,000 after purchasing an additional 6,520 shares during the period. 8.71% of the stock is currently owned by institutional investors and hedge funds.

Cronos Group Stock Performance

Shares of NASDAQ CRON opened at $1.85 on Thursday. Cronos Group Inc. has a 52 week low of $1.82 and a 52 week high of $3.14. The stock has a market capitalization of $707.68 million, a P/E ratio of -14.23, a PEG ratio of 1.74 and a beta of 0.89. The stock’s fifty day moving average is $1.94 and its 200 day moving average is $2.05.

Cronos Group Profile

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.