Brooklyn FI LLC Invests $96,000 in Cronos Group Inc. (NASDAQ:CRON)

Brooklyn FI LLC acquired a new stake in Cronos Group Inc. (NASDAQ:CRON) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 47,000 shares of the company’s stock, valued at approximately $96,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CRON. Raymond James Financial Inc. bought a new position in shares of Cronos Group in the 4th quarter valued at about $641,000. Tidal Investments LLC grew its position in shares of Cronos Group by 4.4% in the 3rd quarter. Tidal Investments LLC now owns 5,026,489 shares of the company’s stock valued at $11,008,000 after acquiring an additional 210,263 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Cronos Group by 72.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 380,575 shares of the company’s stock valued at $769,000 after acquiring an additional 159,575 shares during the period. SeaCrest Wealth Management LLC grew its position in shares of Cronos Group by 77.3% in the 4th quarter. SeaCrest Wealth Management LLC now owns 189,245 shares of the company’s stock valued at $382,000 after acquiring an additional 82,500 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Cronos Group in the third quarter valued at $140,000. Institutional investors own 8.71% of the company’s stock.

Cronos Group Price Performance

NASDAQ:CRON opened at $1.85 on Thursday. Cronos Group Inc. has a one year low of $1.82 and a one year high of $3.14. The company has a market cap of $707.68 million, a P/E ratio of -14.23, a P/E/G ratio of 1.74 and a beta of 0.89. The firm’s fifty day moving average price is $1.94 and its two-hundred day moving average price is $2.05.

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.