Jane Street Group LLC decreased its stake in Lithium Americas (Argentina) Corp. (NYSE:LAAC - Free Report) by 53.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 231,983 shares of the company's stock after selling 270,830 shares during the period. Jane Street Group LLC owned 0.14% of Lithium Americas (Argentina) worth $756,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in LAAC. Apollon Wealth Management LLC increased its position in shares of Lithium Americas (Argentina) by 25.8% during the third quarter. Apollon Wealth Management LLC now owns 28,607 shares of the company's stock worth $93,000 after buying an additional 5,870 shares during the period. General Motors Holdings LLC acquired a new stake in Lithium Americas (Argentina) during the 3rd quarter worth about $48,907,000. M&G PLC raised its position in shares of Lithium Americas (Argentina) by 11.2% in the 3rd quarter. M&G PLC now owns 1,530,176 shares of the company's stock worth $4,591,000 after acquiring an additional 154,067 shares in the last quarter. Old West Investment Management LLC raised its position in shares of Lithium Americas (Argentina) by 193.6% in the 3rd quarter. Old West Investment Management LLC now owns 98,032 shares of the company's stock worth $320,000 after acquiring an additional 64,646 shares in the last quarter. Finally, Intact Investment Management Inc. lifted its stake in shares of Lithium Americas (Argentina) by 47.3% in the 3rd quarter. Intact Investment Management Inc. now owns 510,200 shares of the company's stock valued at $1,671,000 after purchasing an additional 163,800 shares during the period. Institutional investors and hedge funds own 49.17% of the company's stock.
Lithium Americas (Argentina) Trading Up 2.9 %
NYSE LAAC traded up $0.08 during trading hours on Friday, hitting $2.86. 747,634 shares of the company's stock were exchanged, compared to its average volume of 1,234,117. The firm has a market cap of $463.12 million, a price-to-earnings ratio of 0.37 and a beta of 1.31. The stock has a 50-day simple moving average of $3.14 and a 200 day simple moving average of $3.03. Lithium Americas has a 1-year low of $2.07 and a 1-year high of $6.22.
About Lithium Americas (Argentina)
(
Free Report)
Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.
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