NBC Securities Inc. Reduces Stock Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

NBC Securities Inc. lessened its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 31.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,212 shares of the company’s stock after selling 562 shares during the quarter. NBC Securities Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $52,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new stake in Global X Lithium & Battery Tech ETF during the third quarter worth about $44,000. Whitcomb & Hess Inc. increased its holdings in shares of Global X Lithium & Battery Tech ETF by 4.8% during the 3rd quarter. Whitcomb & Hess Inc. now owns 185,942 shares of the company’s stock worth $8,105,000 after buying an additional 8,441 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter valued at approximately $587,000. Ghisallo Capital Management LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter valued at approximately $215,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Global X Lithium & Battery Tech ETF by 6.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 57,562 shares of the company’s stock valued at $2,234,000 after acquiring an additional 3,364 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Up 2.6 %

LIT stock opened at $42.86 on Monday. Global X Lithium & Battery Tech ETF has a 52-week low of $34.65 and a 52-week high of $52.23. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31. The business has a fifty day moving average of $39.48 and a two-hundred day moving average of $41.12.

Global X Lithium & Battery Tech ETF Company 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.