Vontobel Holding Ltd. reduced its position in Cronos Group Inc. (NASDAQ:CRON - Free Report) by 93.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,000 shares of the company's stock after selling 209,503 shares during the period. Vontobel Holding Ltd.'s holdings in Cronos Group were worth $28,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in CRON. Quantbot Technologies LP acquired a new position in Cronos Group in the third quarter valued at about $37,000. International Assets Investment Management LLC raised its stake in Cronos Group by 119.0% during the 3rd quarter. International Assets Investment Management LLC now owns 41,643 shares of the company's stock worth $91,000 after buying an additional 22,628 shares during the period. Barclays PLC acquired a new position in shares of Cronos Group in the 3rd quarter valued at approximately $97,000. Virtu Financial LLC grew its position in shares of Cronos Group by 242.7% in the 3rd quarter. Virtu Financial LLC now owns 54,516 shares of the company's stock valued at $119,000 after purchasing an additional 38,607 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Cronos Group in the 3rd quarter valued at approximately $140,000. 8.71% of the stock is owned by institutional investors and hedge funds.
Cronos Group Stock Down 1.3 %
Shares of NASDAQ:CRON traded down $0.03 during midday trading on Monday, reaching $1.95. 903,935 shares of the company were exchanged, compared to its average volume of 1,540,441. Cronos Group Inc. has a fifty-two week low of $1.83 and a fifty-two week high of $3.14. The stock has a fifty day simple moving average of $1.96 and a two-hundred day simple moving average of $2.09. The firm has a market cap of $744.02 million, a PE ratio of -14.96, a P/E/G ratio of 1.74 and a beta of 0.97.
Cronos Group Profile
(
Free Report)
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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