Lonestar Capital Management LLC grew its holdings in shares of Standard Lithium Ltd. (NYSEMKT:SLI – Get Rating) by 50.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 600,000 shares of the company's stock after purchasing an additional 200,000 shares during the period. Standard Lithium makes up approximately 0.7% of Lonestar Capital Management LLC's holdings, making the stock its 23rd largest position. Lonestar Capital Management LLC owned approximately 0.36% of Standard Lithium worth $5,280,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Visionary Wealth Advisors purchased a new position in shares of Standard Lithium during the first quarter valued at approximately $95,000. Gainplan LLC purchased a new position in shares of Standard Lithium during the first quarter valued at approximately $105,000. Naviter Wealth LLC purchased a new position in Standard Lithium in the 1st quarter worth approximately $176,000. Envestnet Asset Management Inc. purchased a new position in Standard Lithium in the 1st quarter worth approximately $181,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Standard Lithium by 90.8% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 22,968 shares of the company's stock worth $202,000 after acquiring an additional 10,930 shares during the last quarter. 19.47% of the stock is currently owned by hedge funds and other institutional investors.
Get Standard Lithium alerts:Standard Lithium Stock Up 6.2 %
Shares of NYSEMKT SLI opened at $5.83 on Friday. The stock has a fifty day moving average price of $5.35 and a 200 day moving average price of $5.81.
Standard Lithium Company Profile
(Get Rating)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.
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