Commonwealth Equity Services LLC decreased its position in shares of Standard Lithium Ltd. (NYSEMKT:SLI – Get Rating) by 11.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,723 shares of the company's stock after selling 2,361 shares during the quarter. Commonwealth Equity Services LLC's holdings in Standard Lithium were worth $155,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Simmons Bank lifted its stake in shares of Standard Lithium by 3.8% in the 1st quarter. Simmons Bank now owns 54,136 shares of the company's stock valued at $476,000 after purchasing an additional 2,000 shares during the period. Naviter Wealth LLC bought a new stake in Standard Lithium in the 1st quarter valued at approximately $176,000. Envestnet Asset Management Inc. bought a new stake in shares of Standard Lithium during the 1st quarter worth approximately $181,000. MBL Wealth LLC bought a new stake in shares of Standard Lithium during the 1st quarter worth approximately $1,496,000. Finally, NewGen Asset Management Ltd bought a new stake in shares of Standard Lithium during the 1st quarter worth approximately $2,200,000. Institutional investors and hedge funds own 25.69% of the company's stock.

Standard Lithium Trading Down 4.5 %

Shares of Standard Lithium stock opened at $5.88 on Friday. The company has a market cap of $978.43 million and a PE ratio of -28.00. The business's 50-day moving average is $5.17 and its 200 day moving average is $5.88.

Standard Lithium Company Profile

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with approximately 150,000 acres of brine leases located in south-western Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.

Recommended Stories

• Get a free copy of the StockNews.com research report on Standard Lithium (SLI)
• Why This Dip in Advanced Auto Parts May be an Opportunity
• MarketBeat: Week in Review 8/22 – 8/26
• Institutional Buying Put A Bottom In Marvell Technology
• Dell Stock Retreats On Weaker Sales, Falls Into Value Terrirtory
• 3 Reasons Dollar General's Rally Has Legs

Receive News & Ratings for Standard Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Lithium and related companies with MarketBeat.com's FREE daily email newsletter.