International Assets Investment Management LLC Lowers Position in Cronos Group Inc. (NASDAQ:CRON)

International Assets Investment Management LLC trimmed its position in shares of Cronos Group Inc. (NASDAQ:CRONFree Report) by 55.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,515 shares of the company’s stock after selling 23,128 shares during the quarter. International Assets Investment Management LLC’s holdings in Cronos Group were worth $38,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CRON. Cedar Wealth Management LLC boosted its stake in Cronos Group by 65.4% in the second quarter. Cedar Wealth Management LLC now owns 37,935 shares of the company’s stock valued at $88,000 after acquiring an additional 15,000 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Cronos Group in the 3rd quarter worth approximately $37,000. Headlands Technologies LLC lifted its stake in Cronos Group by 12,309.4% in the second 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. Virtu Financial LLC grew its holdings in Cronos Group by 242.7% during the third quarter. Virtu Financial LLC now owns 54,516 shares of the company’s stock valued at $119,000 after purchasing an additional 38,607 shares during the period. Finally, Barclays PLC purchased a new stake in Cronos Group in the third quarter worth $97,000. Institutional investors own 8.71% of the company’s stock.

Cronos Group Price Performance

NASDAQ CRON opened at $1.95 on Wednesday. The firm has a market cap of $745.48 million, a P/E ratio of -15.00 and a beta of 0.97. The company’s 50 day moving average is $2.02 and its 200-day moving average is $2.17. Cronos Group Inc. has a 12-month low of $1.86 and a 12-month high of $3.14.

Cronos Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cronos Group (NASDAQ:CRON)

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