Courier Capital LLC Increases Stake in 22nd Century Group Inc (XXII)
Courier Capital LLC grew its holdings in 22nd Century Group Inc (NYSEAMERICAN:XXII) by 1,292.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 365,777 shares of the biotechnology company’s stock after buying an additional 339,499 shares during the period. Courier Capital LLC’s holdings in 22nd Century Group were worth $1,028,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Metropolitan Life Insurance Co. NY purchased a new position in 22nd Century Group during the second quarter worth about $102,000. Voya Investment Management LLC purchased a new position in 22nd Century Group during the second quarter worth about $106,000. Verition Fund Management LLC purchased a new position in 22nd Century Group during the first quarter worth about $113,000. MetLife Investment Advisors LLC purchased a new position in 22nd Century Group during the second quarter worth about $145,000. Finally, Bank of Nova Scotia purchased a new position in 22nd Century Group during the second quarter worth about $158,000.
NYSEAMERICAN XXII opened at $2.81 on Friday. 22nd Century Group Inc has a 52-week low of $1.92 and a 52-week high of $4.44.
Separately, Zacks Investment Research cut shares of 22nd Century Group from a “hold” rating to a “sell” rating in a report on Thursday, August 16th.
22nd Century Group Profile
22nd Century Group, Inc, a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. It offers premium cigarettes under the RED SUN and MAGIC brands; and SPECTRUM, a line of research cigarettes for use in independent clinical studies.
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