Virtu Financial LLC Acquires 38,607 Shares of Cronos Group Inc. (NASDAQ:CRON)

Virtu Financial LLC raised its holdings in shares of Cronos Group Inc. (NASDAQ:CRON) by 242.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,516 shares of the company’s stock after purchasing an additional 38,607 shares during the period. Virtu Financial LLC’s holdings in Cronos Group were worth $119,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. CIBC Asset Management Inc purchased a new position in shares of Cronos Group during the second quarter valued at about $87,000. National Bank of Canada FI grew its holdings in shares of Cronos Group by 1,094.4% during the 2nd quarter. National Bank of Canada FI now owns 15,169 shares of the company’s stock worth $35,000 after acquiring an additional 13,899 shares during the period. Headlands Technologies LLC raised its position in shares of Cronos Group by 12,309.4% in the 2nd quarter. Headlands Technologies LLC now owns 27,797 shares of the company’s stock worth $65,000 after acquiring an additional 27,573 shares in the last quarter. ClariVest Asset Management LLC lifted its stake in shares of Cronos Group by 2.8% in the 2nd quarter. ClariVest Asset Management LLC now owns 273,184 shares of the company’s stock valued at $637,000 after purchasing an additional 7,362 shares during the period. Finally, AdvisorShares Investments LLC boosted its position in shares of Cronos Group by 8.4% during the second quarter. AdvisorShares Investments LLC now owns 870,613 shares of the company’s stock valued at $2,002,000 after purchasing an additional 67,209 shares in the last quarter. Hedge funds and other institutional investors own 8.71% of the company’s stock.

Cronos Group Trading Down 1.1 %

CRON opened at $1.87 on Friday. The company has a market cap of $714.89 million, a price-to-earnings ratio of -14.38 and a beta of 0.99. The stock has a fifty day simple moving average of $2.09 and a two-hundred day simple moving average of $2.23. Cronos Group Inc. has a 12-month low of $1.86 and a 12-month high of $3.14.

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.