Dimensional Fund Advisors LP increased its holdings in Cronos Group Inc. (NASDAQ:CRON – Free Report) by 7.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,631,783 shares of the company’s stock after buying an additional 192,469 shares during the quarter. Dimensional Fund Advisors LP owned about 0.69% of Cronos Group worth $6,132,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC grew its stake in shares of Cronos Group by 39.4% in the first quarter. SeaCrest Wealth Management LLC now owns 67,225 shares of the company’s stock worth $175,000 after purchasing an additional 19,000 shares in the last quarter. Madrona Financial Services LLC acquired a new position in Cronos Group during the 1st quarter valued at about $130,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Cronos Group by 47.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,002,668 shares of the company’s stock worth $2,617,000 after buying an additional 321,254 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Cronos Group by 50.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 304,063 shares of the company’s stock worth $794,000 after buying an additional 101,903 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Cronos Group in the 1st quarter worth approximately $79,000. 8.71% of the stock is currently owned by institutional investors and hedge funds.
Cronos Group Price Performance
NASDAQ CRON opened at $2.17 on Wednesday. Cronos Group Inc. has a 12 month low of $1.70 and a 12 month high of $3.14. The firm has a market capitalization of $829.59 million, a PE ratio of -14.47 and a beta of 0.97. The company’s 50 day simple moving average is $2.24 and its 200 day simple moving average is $2.43.
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.
Featured Stories
- Five stocks we like better than Cronos Group
- How to Use the MarketBeat Stock Screener
- NVIDIA’s AI Dominance: Why Analysts Predict Major Upside Ahead
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- These Stocks Are Using Buybacks to Unlock Big Gains for Investors
- What Is WallStreetBets and What Stocks Are They Targeting?
- This Is the Entry Into PepsiCo You’ve Been Waiting For
Want to see what other hedge funds are holding CRON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cronos Group Inc. (NASDAQ:CRON – Free Report).
Receive News & Ratings for Cronos Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cronos Group and related companies with MarketBeat.com's FREE daily email newsletter.