SG Americas Securities LLC Trims Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

SG Americas Securities LLC cut its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 82.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,238 shares of the company’s stock after selling 25,140 shares during the period. SG Americas Securities LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $228,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its position 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 worth $3,230,000 after acquiring an additional 31,176 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in Global X Lithium & Battery Tech ETF by 4.5% in the first quarter. Avantax Advisory Services Inc. now owns 9,962 shares of the company’s stock worth $451,000 after purchasing an additional 425 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Global X Lithium & Battery Tech ETF by 28.6% in the first quarter. Sunbelt Securities Inc. now owns 2,652 shares of the company’s stock worth $120,000 after purchasing an additional 590 shares during the last quarter. Cetera Investment Advisers lifted its stake 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 purchasing an additional 80,106 shares during the last quarter. Finally, Global Assets Advisory LLC bought a new stake in Global X Lithium & Battery Tech ETF in the first quarter worth $774,000.

Global X Lithium & Battery Tech ETF Stock Down 1.1 %

Global X Lithium & Battery Tech ETF stock opened at $42.38 on Tuesday. The company has a market capitalization of $1.50 billion, a PE ratio of 9.79 and a beta of 1.31. The firm has a fifty day simple moving average of $39.61 and a two-hundred day simple moving average of $41.10. Global X Lithium & Battery Tech ETF has a twelve month low of $34.65 and a twelve month high of $52.23.

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.