Wealth Enhancement Advisory Services LLC Has $803,000 Stake in Lithium Americas (Argentina) Corp. (NYSE:LAAC)

Wealth Enhancement Advisory Services LLC trimmed its holdings in Lithium Americas (Argentina) Corp. (NYSE:LAAC) by 11.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 306,518 shares of the company’s stock after selling 41,415 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.19% of Lithium Americas (Argentina) worth $803,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mariner LLC acquired a new position in Lithium Americas (Argentina) in the fourth quarter valued at about $32,000. Banco Santander S.A. acquired a new position in Lithium Americas (Argentina) in the fourth quarter valued at about $37,000. Jones Financial Companies Lllp grew its stake in Lithium Americas (Argentina) by 177.9% in the fourth quarter. Jones Financial Companies Lllp now owns 20,694 shares of the company’s stock valued at $54,000 after acquiring an additional 13,247 shares during the period. Quotient Wealth Partners LLC acquired a new position in shares of Lithium Americas (Argentina) during the fourth quarter worth about $61,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Lithium Americas (Argentina) during the fourth quarter worth about $62,000. 49.17% of the stock is owned by institutional investors and hedge funds.

Lithium Americas (Argentina) Price Performance

LAAC stock opened at $1.95 on Tuesday. The stock has a market capitalization of $315.77 million, a P/E ratio of 0.25 and a beta of 1.35. The business has a 50-day moving average of $1.97 and a 200-day moving average of $2.43. Lithium Americas has a fifty-two week low of $2.07 and a fifty-two week high of $4.17.

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.