Wealthfront Advisers LLC Invests $62,000 in GrowGeneration Corp. (NASDAQ:GRWG)

Wealthfront Advisers LLC purchased a new position in GrowGeneration Corp. (NASDAQ:GRWG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 36,513 shares of the company’s stock, valued at approximately $62,000.

Other large investors have also recently made changes to their positions in the company. Tidal Investments LLC grew its stake in shares of GrowGeneration by 24.7% in the third quarter. Tidal Investments LLC now owns 1,870,563 shares of the company’s stock worth $3,984,000 after acquiring an additional 370,635 shares during the period. Jane Street Group LLC boosted 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 worth $355,000 after buying an additional 90,966 shares during the last quarter. Barclays PLC boosted its holdings in shares of GrowGeneration by 274.2% in the third quarter. Barclays PLC now owns 75,452 shares of the company’s stock worth $161,000 after buying an additional 55,290 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of GrowGeneration in the fourth quarter worth approximately $27,000. Finally, Virtu Financial LLC boosted its holdings in shares of 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 buying an additional 68,282 shares during the last quarter. 36.02% of the stock is currently owned by institutional investors.

GrowGeneration Trading Up 2.8 %

GRWG opened at $1.10 on Wednesday. The company has a market cap of $65.40 million, a price-to-earnings ratio of -1.26 and a beta of 3.39. The company’s 50 day moving average is $1.35 and its 200 day moving average is $1.72. GrowGeneration Corp. has a 12-month low of $0.91 and a 12-month high of $3.38.

GrowGeneration 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.