Larson Financial Group LLC decreased its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) by 15.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,865 shares of the company’s stock after selling 913 shares during the period. Larson Financial Group LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Cetera Investment Advisers grew its stake in Global X Lithium & Battery Tech ETF by 204.9% during the first quarter. Cetera Investment Advisers now owns 119,201 shares of the company’s stock worth $5,399,000 after purchasing an additional 80,106 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in Global X Lithium & Battery Tech ETF by 254.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 84,765 shares of the company’s stock worth $3,603,000 after purchasing an additional 60,835 shares during the period. Canal Insurance CO grew its stake in 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 worth $2,449,000 after purchasing an additional 30,000 shares during the period. Eagle Strategies LLC grew its stake in Global X Lithium & Battery Tech ETF by 110.3% during the second quarter. Eagle Strategies LLC now owns 28,339 shares of the company’s stock worth $1,100,000 after purchasing an additional 14,861 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Global X Lithium & Battery Tech ETF during the second quarter worth approximately $587,000.
Global X Lithium & Battery Tech ETF Price Performance
NYSEARCA LIT opened at $44.65 on Thursday. The business has a 50 day simple moving average of $43.74 and a 200 day simple moving average of $41.14. Global X Lithium & Battery Tech ETF has a one year low of $34.65 and a one year high of $52.23. The stock has a market capitalization of $1.58 billion, a P/E ratio of 9.79 and a beta of 1.31.
Global X Lithium & Battery Tech ETF Profile
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.
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