Invesco Ltd. trimmed its position in Standard Lithium Ltd. (NYSE:SLI - Free Report) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,094,082 shares of the company's stock after selling 248,567 shares during the quarter. Invesco Ltd. owned 1.79% of Standard Lithium worth $4,517,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SLI. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Standard Lithium in the fourth quarter valued at about $29,000. Uniting Wealth Partners LLC purchased a new position in Standard Lithium during the 4th quarter valued at about $31,000. Principal Securities Inc. bought a new position in Standard Lithium during the 4th quarter valued at approximately $37,000. Envestnet Asset Management Inc. purchased a new stake in Standard Lithium in the 4th quarter worth approximately $37,000. Finally, Gainplan LLC grew its position in shares of Standard Lithium by 30.9% in the 4th quarter. Gainplan LLC now owns 28,875 shares of the company's stock worth $42,000 after buying an additional 6,815 shares during the last quarter. 16.77% of the stock is currently owned by institutional investors.
Standard Lithium Stock Performance
Shares of Standard Lithium stock traded down $0.07 during midday trading on Monday, reaching $1.49. 1,488,231 shares of the company's stock traded hands, compared to its average volume of 1,533,851. The company has a market cap of $288.97 million, a PE ratio of 2.53 and a beta of 1.64. The stock has a 50 day moving average of $1.32 and a 200-day moving average of $1.58. Standard Lithium Ltd. has a 12 month low of $1.07 and a 12 month high of $2.64.
Standard Lithium Company Profile
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Free Report)
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.
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