Koch Inc. acquired a new position in Standard Lithium Ltd. (NYSE:SLI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,514,692 shares of the company's stock, valued at approximately $29,951,000. Standard Lithium comprises about 10.6% of Koch Inc.'s investment portfolio, making the stock its 3rd largest holding. Koch Inc. owned approximately 11.88% of Standard Lithium as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also modified their holdings of SLI. U.S. Capital Wealth Advisors LLC bought a new position in shares of Standard Lithium in the fourth quarter worth about $29,000. Principal Securities Inc. purchased a new stake in Standard Lithium in the 4th quarter valued at about $37,000. Gainplan LLC grew its stake in 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 acquiring an additional 6,815 shares in the last quarter. Meriwether Wealth & Planning LLC purchased a new position in shares of Standard Lithium during the fourth quarter worth approximately $47,000. Finally, Nwam LLC bought a new stake in shares of Standard Lithium during the third quarter valued at approximately $80,000. Hedge funds and other institutional investors own 16.77% of the company's stock.
Standard Lithium Trading Down 2.2 %
Shares of NYSE SLI traded down $0.03 during trading hours on Wednesday, reaching $1.35. The stock had a trading volume of 641,957 shares, compared to its average volume of 1,342,107. Standard Lithium Ltd. has a 52-week low of $1.05 and a 52-week high of $2.64. The firm has a market cap of $261.82 million, a price-to-earnings ratio of 2.29 and a beta of 1.70. The business's fifty day moving average price is $1.44 and its two-hundred day moving average price is $1.62.
About Standard Lithium
(
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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