Thompson Davis & CO. Inc. Takes $29,000 Position in Cronos Group Inc. (NASDAQ:CRON)

Thompson Davis & CO. Inc. bought a new stake in shares of Cronos Group Inc. (NASDAQ:CRON) during the 4th quarter, HoldingsChannel.com reports. The fund bought 13,200 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds also recently modified their holdings of the stock. Tidal Investments LLC boosted its position in Cronos Group by 4.4% in the third quarter. Tidal Investments LLC now owns 5,026,489 shares of the company’s stock worth $11,008,000 after purchasing an additional 210,263 shares during the last quarter. Intact Investment Management Inc. boosted its position in Cronos Group by 89.1% in the third quarter. Intact Investment Management Inc. now owns 377,890 shares of the company’s stock worth $836,000 after purchasing an additional 178,100 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Cronos Group by 72.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 380,575 shares of the company’s stock worth $769,000 after purchasing an additional 159,575 shares during the last quarter. SeaCrest Wealth Management LLC boosted its position in Cronos Group by 77.3% in the fourth quarter. SeaCrest Wealth Management LLC now owns 189,245 shares of the company’s stock worth $382,000 after purchasing an additional 82,500 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Cronos Group in the third quarter worth $140,000. Hedge funds and other institutional investors own 8.71% of the company’s stock.

Cronos Group Price Performance

CRON stock opened at $1.97 on Friday. The stock’s fifty day simple moving average is $1.96 and its two-hundred day simple moving average is $2.10. Cronos Group Inc. has a 1-year low of $1.83 and a 1-year high of $3.14.

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.