Primecap Management Co. CA Decreases Stock Position in GrowGeneration Corp. (NASDAQ:GRWG)

Primecap Management Co. CA lessened its stake in shares of GrowGeneration Corp. (NASDAQ:GRWG) by 20.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 927,100 shares of the company’s stock after selling 232,800 shares during the period. Primecap Management Co. CA owned 1.56% of GrowGeneration worth $1,567,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Monaco Asset Management SAM bought a new position in GrowGeneration during the fourth quarter valued at approximately $783,000. Tidal Investments LLC boosted its position in shares of GrowGeneration by 24.7% during the 3rd quarter. Tidal Investments LLC now owns 1,870,563 shares of the company’s stock valued at $3,984,000 after acquiring an additional 370,635 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of GrowGeneration by 120.0% in the third quarter. Jane Street Group LLC now owns 166,798 shares of the company’s stock valued at $355,000 after purchasing an additional 90,966 shares in the last quarter. Virtu Financial LLC increased its position in GrowGeneration by 510.6% in the third quarter. Virtu Financial LLC now owns 81,655 shares of the company’s stock worth $174,000 after purchasing an additional 68,282 shares during the last quarter. Finally, Barclays PLC increased its position in GrowGeneration by 274.2% in the third quarter. Barclays PLC now owns 75,452 shares of the company’s stock worth $161,000 after purchasing an additional 55,290 shares during the last quarter. Hedge funds and other institutional investors own 36.02% of the company’s stock.

GrowGeneration Stock Up 10.9 %

GRWG stock opened at $1.22 on Thursday. GrowGeneration Corp. has a 52 week low of $0.91 and a 52 week high of $3.38. The firm has a market capitalization of $72.54 million, a P/E ratio of -1.40 and a beta of 3.39. The company has a fifty day simple moving average of $1.34 and a two-hundred day simple moving average of $1.72.

GrowGeneration Company Profile

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.