Jane Street Group LLC Has $756,000 Stock Holdings in Lithium Americas (Argentina) Corp. (NYSE:LAAC)

Jane Street Group LLC lowered its holdings in shares of Lithium Americas (Argentina) Corp. (NYSE:LAAC) by 53.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 231,983 shares of the company’s stock after selling 270,830 shares during the period. Jane Street Group LLC’s holdings in Lithium Americas (Argentina) were worth $756,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Fairscale Capital LLC bought a new position in Lithium Americas (Argentina) in the second quarter valued at about $31,000. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Lithium Americas (Argentina) during the 2nd quarter valued at approximately $36,000. Legacy Capital Group California Inc. bought a new stake in shares of Lithium Americas (Argentina) during the 3rd quarter valued at approximately $36,000. Johnson Investment Counsel Inc. acquired a new position in Lithium Americas (Argentina) during the 2nd quarter worth approximately $44,000. Finally, Renaissance Technologies LLC bought a new position in Lithium Americas (Argentina) in the 2nd quarter valued at approximately $67,000. 49.17% of the stock is currently owned by institutional investors.

Lithium Americas (Argentina) Price Performance

Shares of Lithium Americas (Argentina) stock opened at $2.78 on Friday. The company’s 50 day moving average price is $3.16 and its two-hundred day moving average price is $3.04. The firm has a market capitalization of $450.16 million, a P/E ratio of 0.36 and a beta of 1.31. Lithium Americas has a fifty-two week low of $2.07 and a fifty-two week high of $6.27.

Lithium Americas (Argentina) Profile

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.