US Bancorp DE Reduces Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

US Bancorp DE decreased its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,636 shares of the company’s stock after selling 557 shares during the quarter. US Bancorp DE’s holdings in Global X Lithium & Battery Tech ETF were worth $352,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LIT. Union Bancaire Privee UBP SA purchased a new position in Global X Lithium & Battery Tech ETF during the fourth quarter valued at approximately $31,000. Realta Investment Advisors raised its position in shares of Global X Lithium & Battery Tech ETF by 3,156.7% during the fourth quarter. Realta Investment Advisors now owns 977 shares of the company’s stock valued at $40,000 after buying an additional 947 shares during the last quarter. BNP Paribas bought a new stake in shares of Global X Lithium & Battery Tech ETF during the third quarter valued at approximately $44,000. Rothschild Investment LLC raised its position in shares of Global X Lithium & Battery Tech ETF by 50.4% during the fourth quarter. Rothschild Investment LLC now owns 1,342 shares of the company’s stock valued at $55,000 after buying an additional 450 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Global X Lithium & Battery Tech ETF during the fourth quarter valued at approximately $57,000.

Global X Lithium & Battery Tech ETF Price Performance

Global X Lithium & Battery Tech ETF stock opened at $39.85 on Friday. The stock has a market cap of $983.50 million, a P/E ratio of 24.56 and a beta of 1.14. 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 $41.17 and its 200-day moving average price is $41.87.

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.