PFG Investments LLC grew its position in shares of Tilray Inc (NASDAQ:TLRY – Free Report) by 22.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 157,846 shares of the company’s stock after purchasing an additional 28,647 shares during the quarter. PFG Investments LLC’s holdings in Tilray were worth $262,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the company. Arizona State Retirement System boosted its stake in shares of Tilray by 4.4% during the second quarter. Arizona State Retirement System now owns 216,693 shares of the company’s stock valued at $360,000 after purchasing an additional 9,171 shares in the last quarter. CapWealth Advisors LLC raised its position in shares of Tilray by 12.5% during the first quarter. CapWealth Advisors LLC now owns 90,000 shares of the company’s stock worth $222,000 after acquiring an additional 10,000 shares during the last quarter. Simplicity Wealth LLC bought a new position in shares of Tilray during the first quarter worth about $28,000. RPO LLC bought a new position in shares of Tilray during the fourth quarter worth about $28,000. Finally, Private Advisor Group LLC raised its position in shares of Tilray by 7.3% during the first quarter. Private Advisor Group LLC now owns 175,845 shares of the company’s stock worth $434,000 after acquiring an additional 12,021 shares during the last quarter. 9.35% of the stock is owned by institutional investors and hedge funds.
Tilray Price Performance
Shares of TLRY opened at $1.74 on Friday. Tilray Inc has a 1 year low of $1.50 and a 1 year high of $3.22. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.27 and a quick ratio of 1.42. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of -3.95 and a beta of 2.13. The business has a 50-day moving average of $1.82 and a 200-day moving average of $1.87.
About Tilray
Tilray, Inc engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc is headquartered in Nanaimo, Canada.
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