GrowGeneration Corp. (NASDAQ:GRWG) Shares Acquired by Virtu Financial LLC

Virtu Financial LLC increased its position in shares of GrowGeneration Corp. (NASDAQ:GRWG) by 510.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,655 shares of the company’s stock after acquiring an additional 68,282 shares during the period. Virtu Financial LLC owned about 0.14% of GrowGeneration worth $174,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GRWG. Bank of New York Mellon Corp increased its stake in GrowGeneration by 6.4% during the second quarter. Bank of New York Mellon Corp now owns 194,974 shares of the company’s stock worth $419,000 after purchasing an additional 11,742 shares during the period. Dimensional Fund Advisors LP increased its stake in GrowGeneration by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,411,087 shares of the company’s stock worth $3,034,000 after buying an additional 43,701 shares during the period. Empowered Funds LLC lifted its holdings in GrowGeneration by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 112,180 shares of the company’s stock worth $239,000 after buying an additional 5,628 shares in the last quarter. SG Americas Securities LLC purchased a new position in GrowGeneration in the 3rd quarter valued at approximately $42,000. Finally, Barclays PLC boosted its position in GrowGeneration by 274.2% in the 3rd quarter. Barclays PLC now owns 75,452 shares of the company’s stock valued at $161,000 after buying an additional 55,290 shares during the period. 36.02% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Darren Lampert acquired 57,467 shares of the stock in a transaction dated Tuesday, November 19th. The stock was acquired at an average cost of $1.75 per share, with a total value of $100,567.25. Following the completion of the transaction, the chief executive officer now owns 1,595,883 shares in the company, valued at $2,792,795.25. This represents a 3.74 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Michael Salaman bought 58,476 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average price of $1.74 per share, for a total transaction of $101,748.24. Following the completion of the purchase, the president now directly owns 1,503,848 shares of the company’s stock, valued at approximately $2,616,695.52. This trade represents a 4.05 % increase in their position. The disclosure for this purchase can be found here. 7.07% of the stock is owned by company insiders.

GrowGeneration Trading Down 2.9 %

GrowGeneration stock opened at $1.67 on Thursday. The firm has a market capitalization of $98.94 million, a P/E ratio of -1.92 and a beta of 3.06. The stock’s fifty day simple moving average is $1.94 and its 200-day simple moving average is $2.11. GrowGeneration Corp. has a twelve month low of $1.55 and a twelve 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.