Avior Wealth Management LLC Reduces Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Avior Wealth Management LLC trimmed its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 33.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,083 shares of the company’s stock after selling 1,055 shares during the quarter. Avior Wealth Management LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $106,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sowell Financial Services LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the fourth quarter worth about $1,080,000. Wealthfront Advisers LLC grew its stake in Global X Lithium & Battery Tech ETF by 10.3% in the third quarter. Wealthfront Advisers LLC now owns 42,277 shares of the company’s stock worth $2,332,000 after purchasing an additional 3,947 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Global X Lithium & Battery Tech ETF by 75.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,520 shares of the company’s stock worth $20,097,000 after purchasing an additional 169,329 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in Global X Lithium & Battery Tech ETF by 8.3% in the third quarter. J.W. Cole Advisors Inc. now owns 4,326 shares of the company’s stock worth $239,000 after purchasing an additional 332 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its stake in Global X Lithium & Battery Tech ETF by 261.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 553 shares of the company’s stock worth $28,000 after purchasing an additional 400 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

NYSEARCA:LIT opened at $42.42 on Friday. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 9.77 and a beta of 1.35. Global X Lithium & Battery Tech ETF has a one year low of $39.26 and a one year high of $69.09. The stock has a 50-day simple moving average of $44.57 and a 200 day simple moving average of $46.78.

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.