Barclays PLC raised its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) by 219.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,072 shares of the company’s stock after purchasing an additional 1,424 shares during the quarter. Barclays PLC’s holdings in Global X Lithium & Battery Tech ETF were worth $90,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in LIT. Sanctuary Advisors LLC bought a new stake in Global X Lithium & Battery Tech ETF in the second quarter valued at about $587,000. Whitcomb & Hess Inc. increased its stake in Global X Lithium & Battery Tech ETF by 4.8% in the third quarter. Whitcomb & Hess Inc. now owns 185,942 shares of the company’s stock valued at $8,105,000 after acquiring an additional 8,441 shares during the period. Sunbelt Securities Inc. increased its stake in Global X Lithium & Battery Tech ETF by 26.7% in the third quarter. Sunbelt Securities Inc. now owns 3,486 shares of the company’s stock valued at $152,000 after acquiring an additional 734 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Global X Lithium & Battery Tech ETF by 6.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 57,562 shares of the company’s stock worth $2,234,000 after buying an additional 3,364 shares during the last quarter. Finally, BCS Wealth Management bought a new stake in Global X Lithium & Battery Tech ETF during the third quarter worth about $224,000.
Global X Lithium & Battery Tech ETF Trading Down 0.7 %
Shares of Global X Lithium & Battery Tech ETF stock opened at $41.29 on Friday. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $49.12. The firm’s 50-day moving average price is $42.91 and its two-hundred day moving average price is $41.15.
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.
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