Dimensional Fund Advisors LP Lowers Holdings in Gatos Silver, Inc. (NYSE:GATO)

Dimensional Fund Advisors LP lowered its position in shares of Gatos Silver, Inc. (NYSE:GATO) by 17.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 868,777 shares of the company’s stock after selling 179,549 shares during the period. Dimensional Fund Advisors LP’s holdings in Gatos Silver were worth $12,144,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in GATO. Barclays PLC grew its holdings in Gatos Silver by 1,332.9% during the 3rd quarter. Barclays PLC now owns 10,116 shares of the company’s stock worth $152,000 after acquiring an additional 9,410 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Gatos Silver by 148.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,218 shares of the company’s stock worth $1,104,000 after purchasing an additional 43,734 shares during the period. Synergy Asset Management LLC bought a new position in shares of Gatos Silver during the fourth quarter valued at approximately $138,000. Van ECK Associates Corp increased its holdings in Gatos Silver by 15.1% during the fourth quarter. Van ECK Associates Corp now owns 1,628,571 shares of the company’s stock valued at $22,767,000 after buying an additional 213,066 shares during the period. Finally, ABC Arbitrage SA bought a new position in Gatos Silver in the fourth quarter worth approximately $618,000. 44.81% of the stock is currently owned by institutional investors.

Gatos Silver Stock Performance

Shares of NYSE GATO opened at $14.40 on Friday. Gatos Silver, Inc. has a 12-month low of $9.57 and a 12-month high of $20.31. The stock’s fifty day simple moving average is $14.40 and its two-hundred day simple moving average is $15.01. The stock has a market capitalization of $1.00 billion, a PE ratio of 29.39 and a beta of 1.95.

Gatos Silver Profile

Gatos Silver, Inc engages in the exploration, development, and production of precious metals. It primarily explores for silver deposits. The company also explores for zinc, lead, copper, and gold ores. Its flagship asset is the Los Gatos District, including the Cerro Los Gatos mine in Chihuahua, Mexico.