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

Virtu Financial LLC boosted its stake in shares of Cronos Group Inc. (NASDAQ:CRON) by 242.7% in the third quarter, Holdings Channel reports. The institutional investor 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 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. National Bank of Canada FI grew its stake in shares of Cronos Group by 1,094.4% in the second 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 last quarter. Quantbot Technologies LP bought a new position in Cronos Group in the 3rd quarter worth about $37,000. Headlands Technologies LLC grew its position in Cronos Group by 12,309.4% during the 2nd quarter. Headlands Technologies LLC now owns 27,797 shares of the company’s stock valued at $65,000 after purchasing an additional 27,573 shares during the last quarter. CIBC Asset Management Inc bought a new stake in Cronos Group during the 2nd quarter valued at about $87,000. Finally, Cedar Wealth Management LLC raised its holdings in Cronos Group by 65.4% in the second quarter. Cedar Wealth Management LLC now owns 37,935 shares of the company’s stock worth $88,000 after buying an additional 15,000 shares during the last quarter. Hedge funds and other institutional investors own 8.71% of the company’s stock.

Cronos Group Stock Down 1.1 %

Shares of CRON opened at $1.87 on Friday. Cronos Group Inc. has a twelve month low of $1.86 and a twelve month high of $3.14. The company has a market capitalization of $714.89 million, a P/E ratio of -14.38 and a beta of 0.99. The firm has a 50 day moving average of $2.09 and a 200 day moving average of $2.23.

Cronos Group Company 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.