Quantbot Technologies LP Takes Position in Cronos Group Inc. (NASDAQ:CRON)

Quantbot Technologies LP acquired a new stake in shares of Cronos Group Inc. (NASDAQ:CRON) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,737 shares of the company’s stock, valued at approximately $37,000.

Several other hedge funds have also recently made changes to their positions in CRON. Baader Bank Aktiengesellschaft grew its position in Cronos Group by 151.8% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 200,355 shares of the company’s stock worth $467,000 after purchasing an additional 120,791 shares during the period. SeaCrest Wealth Management LLC increased its position in Cronos Group by 59.8% during the second quarter. SeaCrest Wealth Management LLC now owns 107,445 shares of the company’s stock valued at $250,000 after acquiring an additional 40,220 shares during the last quarter. CIBC Asset Management Inc bought a new position in Cronos Group in the second quarter valued at about $87,000. National Bank of Canada FI boosted its position in 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 purchasing an additional 13,899 shares during the last quarter. Finally, Headlands Technologies LLC grew its stake in shares of 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 period. 8.71% of the stock is owned by hedge funds and other institutional investors.

Cronos Group Stock Up 0.5 %

NASDAQ CRON opened at $2.04 on Friday. Cronos Group Inc. has a 52 week low of $1.85 and a 52 week high of $3.14. The firm has a market capitalization of $779.89 million, a P/E ratio of -15.69 and a beta of 0.99. The company has a 50-day moving average price of $2.13 and a 200-day moving average price of $2.27.

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.