Vontobel Holding Ltd. Has $28,000 Stake in Cronos Group Inc. (NASDAQ:CRON)

Vontobel Holding Ltd. lowered its holdings in shares of Cronos Group Inc. (NASDAQ:CRON) by 93.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,000 shares of the company’s stock after selling 209,503 shares during the period. Vontobel Holding Ltd.’s holdings in Cronos Group were worth $28,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CRON. Quantbot Technologies LP acquired a new position in shares of Cronos Group in the 3rd quarter worth approximately $37,000. International Assets Investment Management LLC grew its position 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 acquired a new position in Cronos Group during the third quarter worth $97,000. Virtu Financial LLC lifted its holdings in shares of 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 acquiring an additional 38,607 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Cronos Group in the 3rd quarter worth about $140,000. Institutional investors own 8.71% of the company’s stock.

Cronos Group Trading Up 1.5 %

NASDAQ:CRON opened at $1.97 on Friday. The stock has a market capitalization of $753.58 million, a P/E ratio of -15.15, a price-to-earnings-growth ratio of 1.74 and a beta of 0.97. Cronos Group Inc. has a 1 year low of $1.83 and a 1 year high of $3.14. The firm has a 50 day moving average of $1.96 and a 200-day moving average of $2.10.

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.