International Assets Investment Management LLC Acquires 16,575 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

International Assets Investment Management LLC raised its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 10.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 176,471 shares of the company’s stock after acquiring an additional 16,575 shares during the period. International Assets Investment Management LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $8,989,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV boosted its position in Global X Lithium & Battery Tech ETF by 261.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 553 shares of the company’s stock worth $28,000 after acquiring an additional 400 shares during the last quarter. U S Global Investors Inc. bought a new position in shares of Global X Lithium & Battery Tech ETF in the 4th quarter valued at about $36,000. Smithfield Trust Co increased its position in shares of Global X Lithium & Battery Tech ETF by 25.8% in the third quarter. Smithfield Trust Co now owns 1,179 shares of the company’s stock valued at $66,000 after acquiring an additional 242 shares during the last quarter. Financial Freedom LLC raised its holdings in Global X Lithium & Battery Tech ETF by 61.7% during the fourth quarter. Financial Freedom LLC now owns 2,634 shares of the company’s stock worth $134,000 after acquiring an additional 1,005 shares in the last quarter. Finally, Triumph Capital Management raised its stake in shares of Global X Lithium & Battery Tech ETF by 8.4% during the 3rd quarter. Triumph Capital Management now owns 3,837 shares of the company’s stock worth $212,000 after purchasing an additional 297 shares in the last quarter.

Global X Lithium & Battery Tech ETF Trading Up 0.7 %

NYSEARCA:LIT opened at $46.33 on Tuesday. The stock has a market capitalization of $1.64 billion, a PE ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a 1-year low of $39.26 and a 1-year high of $69.09. The firm has a fifty day simple moving average of $44.83 and a 200 day simple moving average of $46.07.

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.