Public Employees Retirement System of Ohio Invests $140,000 in Cronos Group Inc. (NASDAQ:CRON)

Public Employees Retirement System of Ohio acquired a new stake in shares of Cronos Group Inc. (NASDAQ:CRON) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 63,128 shares of the company’s stock, valued at approximately $140,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CIBC Asset Management Inc bought a new position in shares of Cronos Group in the second quarter worth $87,000. National Bank of Canada FI increased its stake in Cronos Group by 1,094.4% in the 2nd quarter. National Bank of Canada FI now owns 15,169 shares of the company’s stock worth $35,000 after acquiring an additional 13,899 shares during the last quarter. Headlands Technologies LLC raised its holdings in shares of Cronos Group by 12,309.4% in the 2nd 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 in the last quarter. ClariVest Asset Management LLC boosted its position in shares of Cronos Group by 2.8% during the 2nd quarter. ClariVest Asset Management LLC now owns 273,184 shares of the company’s stock valued at $637,000 after acquiring an additional 7,362 shares during the last quarter. Finally, AdvisorShares Investments LLC increased its position in shares of Cronos Group by 8.4% in the second quarter. AdvisorShares Investments LLC now owns 870,613 shares of the company’s stock worth $2,002,000 after purchasing an additional 67,209 shares during the last quarter. Institutional investors own 8.71% of the company’s stock.

Cronos Group Price Performance

Shares of Cronos Group stock opened at $1.95 on Friday. Cronos Group Inc. has a 1 year low of $1.86 and a 1 year high of $3.14. The firm has a market cap of $745.48 million, a PE ratio of -15.00 and a beta of 0.99. The company has a 50 day simple moving average of $2.08 and a two-hundred day simple moving average of $2.22.

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.