International Assets Investment Management LLC Sells 23,128 Shares of Cronos Group Inc. (NASDAQ:CRON)

International Assets Investment Management LLC trimmed its holdings in shares of Cronos Group Inc. (NASDAQ:CRON) by 55.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of CRON. Quantbot Technologies LP acquired a new position in shares of Cronos Group in the 3rd quarter valued at approximately $37,000. Headlands Technologies LLC increased 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 acquiring an additional 27,573 shares during the last quarter. Cedar Wealth Management LLC raised its position in Cronos Group by 65.4% during the second quarter. Cedar Wealth Management LLC now owns 37,935 shares of the company’s stock valued at $88,000 after purchasing an additional 15,000 shares in the last quarter. Barclays PLC acquired a new position in Cronos Group during the third quarter valued at approximately $97,000. Finally, Virtu Financial LLC lifted its stake in Cronos Group by 242.7% during the third 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 last quarter. Institutional investors and hedge funds own 8.71% of the company’s stock.

Cronos Group Price Performance

Shares of CRON stock opened at $1.95 on Wednesday. The business has a fifty day simple moving average of $2.02 and a 200 day simple moving average of $2.17. The company has a market cap of $745.48 million, a P/E ratio of -15.00 and a beta of 0.97. Cronos Group Inc. has a twelve month low of $1.86 and a twelve month high of $3.14.

About Cronos Group

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.