Janney Montgomery Scott LLC Raises Holdings in Cronos Group Inc. (NASDAQ:CRON)

Janney Montgomery Scott LLC increased its position in Cronos Group Inc. (NASDAQ:CRON) by 72.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 380,575 shares of the company’s stock after purchasing an additional 159,575 shares during the period. Janney Montgomery Scott LLC owned 0.10% of Cronos Group worth $769,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CRON. Quantbot Technologies LP purchased a new stake in shares of Cronos Group in the third quarter valued at approximately $37,000. International Assets Investment Management LLC lifted its holdings in Cronos Group by 119.0% in the third quarter. International Assets Investment Management LLC now owns 41,643 shares of the company’s stock valued at $91,000 after acquiring an additional 22,628 shares during the period. Barclays PLC purchased a new stake in shares of Cronos Group during the 3rd quarter worth $97,000. Virtu Financial LLC grew its stake in shares of Cronos Group by 242.7% during the 3rd quarter. Virtu Financial LLC now owns 54,516 shares of the company’s stock worth $119,000 after purchasing an additional 38,607 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Cronos Group in the third quarter valued at about $140,000. 8.71% of the stock is owned by institutional investors and hedge funds.

Cronos Group Trading Down 4.5 %

Shares of Cronos Group stock opened at $1.93 on Friday. The company has a 50-day moving average of $1.98 and a two-hundred day moving average of $2.13. Cronos Group Inc. has a 12-month low of $1.83 and a 12-month high of $3.14. The stock has a market cap of $738.28 million, a PE ratio of -14.85, a price-to-earnings-growth ratio of 1.71 and a beta of 0.97.

Cronos Group Company 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.