Global Assets Advisory LLC Invests $774,000 in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Global Assets Advisory LLC acquired a new position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,093 shares of the company’s stock, valued at approximately $774,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its stake in Global X Lithium & Battery Tech ETF by 261.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 553 shares of the company’s stock valued at $28,000 after purchasing an additional 400 shares during the period. Northwest Investment Counselors LLC bought a new stake in Global X Lithium & Battery Tech ETF during the 1st quarter valued at approximately $32,000. U S Global Investors Inc. bought a new stake in Global X Lithium & Battery Tech ETF during the 4th quarter valued at approximately $36,000. WFA Asset Management Corp bought a new stake in Global X Lithium & Battery Tech ETF during the 4th quarter valued at approximately $45,000. Finally, Advantage Trust Co bought a new stake in Global X Lithium & Battery Tech ETF during the 4th quarter valued at approximately $59,000.

Global X Lithium & Battery Tech ETF Trading Up 3.0 %

Shares of LIT opened at $40.16 on Thursday. The business’s 50 day moving average is $43.39 and its 200 day moving average is $44.77. The company has a market capitalization of $1.42 billion, a PE ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a 12-month low of $38.87 and a 12-month high of $69.09.

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.