Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Shares Acquired by Eagle Strategies LLC

Eagle Strategies LLC grew its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 110.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,339 shares of the company’s stock after buying an additional 14,861 shares during the quarter. Eagle Strategies LLC owned 0.08% of Global X Lithium & Battery Tech ETF worth $1,100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in LIT. Whitcomb & Hess Inc. acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the 1st quarter worth approximately $7,634,000. Cetera Investment Advisers increased its position in Global X Lithium & Battery Tech ETF by 204.9% in the first quarter. Cetera Investment Advisers now owns 119,201 shares of the company’s stock worth $5,399,000 after buying an additional 80,106 shares during the period. BNP Paribas Financial Markets lifted its stake in Global X Lithium & Battery Tech ETF by 77.7% in the first quarter. BNP Paribas Financial Markets now owns 71,325 shares of the company’s stock valued at $3,230,000 after buying an additional 31,176 shares during the last quarter. Canal Insurance CO boosted its holdings in shares of Global X Lithium & Battery Tech ETF by 90.6% during the second quarter. Canal Insurance CO now owns 63,100 shares of the company’s stock valued at $2,449,000 after acquiring an additional 30,000 shares during the period. Finally, Financial Advocates Investment Management grew its position in shares of Global X Lithium & Battery Tech ETF by 206.5% during the fourth quarter. Financial Advocates Investment Management now owns 32,086 shares of the company’s stock worth $1,634,000 after acquiring an additional 21,619 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Up 7.5 %

LIT stock opened at $37.71 on Thursday. The stock has a market cap of $1.34 billion, a PE ratio of 9.79 and a beta of 1.31. The firm’s 50-day simple moving average is $37.90 and its 200 day simple moving average is $41.81. Global X Lithium & Battery Tech ETF has a fifty-two week low of $34.65 and a fifty-two week high of $58.64.

About Global X Lithium & Battery Tech ETF

Global X Lithium ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Lithium Index (the Index). The Index is free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure broad based equity market performance of global companies involved in the lithium industry, as defined by Structured Solutions AG.