Private Advisor Group LLC Acquires 5,218 Shares of Cronos Group Inc (CRON)
Private Advisor Group LLC raised its holdings in Cronos Group Inc (NASDAQ:CRON) by 28.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,769 shares of the company’s stock after acquiring an additional 5,218 shares during the period. Private Advisor Group LLC’s holdings in Cronos Group were worth $247,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in Cronos Group in the 4th quarter valued at about $779,000. Gables Capital Management Inc. acquired a new stake in Cronos Group in the 4th quarter valued at about $31,000. Morgan Stanley raised its holdings in Cronos Group by 10.1% in the 3rd quarter. Morgan Stanley now owns 833,337 shares of the company’s stock valued at $9,266,000 after acquiring an additional 76,151 shares during the last quarter. First Command Bank acquired a new stake in Cronos Group in the 4th quarter valued at about $28,000. Finally, FNY Investment Advisers LLC acquired a new stake in Cronos Group in the 3rd quarter valued at about $111,000. Institutional investors own 14.14% of the company’s stock.
Cronos Group stock opened at $20.82 on Friday. Cronos Group Inc has a 1-year low of $5.12 and a 1-year high of $25.10. The company has a market capitalization of $3.78 billion and a PE ratio of 2,082.00.
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Cronos Group Company Profile
Cronos Group Inc, formerly known as PharmaCan Capital Corp., is a principal investment firm. The firm seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana pursuant to Canada's Marihuana for Medical Purposes Regulations MMPR. The firm typically invests in companies based in Canada.
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