Wells Fargo & Company MN Has $4.32 Million Stock Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Wells Fargo & Company MN cut its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 42.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,905 shares of the company’s stock after selling 77,306 shares during the period. Wells Fargo & Company MN owned about 0.30% of Global X Lithium & Battery Tech ETF worth $4,319,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of LIT. Rothschild Investment LLC increased its holdings 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 worth $55,000 after buying an additional 450 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in Global X Lithium & Battery Tech ETF by 9.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 7,987 shares of the company’s stock worth $326,000 after acquiring an additional 661 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in Global X Lithium & Battery Tech ETF in the 4th quarter worth about $31,000. Geneos Wealth Management Inc. raised its position in Global X Lithium & Battery Tech ETF by 50.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,592 shares of the company’s stock valued at $106,000 after purchasing an additional 864 shares during the last quarter. Finally, Realta Investment Advisors boosted its stake 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 purchasing an additional 947 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Global X Lithium & Battery Tech ETF stock opened at $35.00 on Tuesday. The business has a 50 day moving average of $39.06 and a 200-day moving average of $41.62. The company has a market capitalization of $800.80 million, a P/E ratio of 21.49 and a beta of 1.09. Global X Lithium & Battery Tech ETF has a 1 year low of $31.44 and a 1 year high of $49.12.

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.