NBC Securities Inc. Increases Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

NBC Securities Inc. lifted its position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 89,600.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 897 shares of the company’s stock after purchasing an additional 896 shares during the period. NBC Securities Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $34,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of LIT. Whitcomb & Hess Inc. boosted its position in shares of Global X Lithium & Battery Tech ETF by 2.7% during the first quarter. Whitcomb & Hess Inc. now owns 189,569 shares of the company’s stock worth $7,355,000 after acquiring an additional 4,942 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Global X Lithium & Battery Tech ETF by 41.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,911 shares of the company’s stock valued at $363,000 after purchasing an additional 2,613 shares during the last quarter. Shufro Rose & Co. LLC lifted its position in Global X Lithium & Battery Tech ETF by 12.2% during the fourth quarter. Shufro Rose & Co. LLC now owns 16,550 shares of the company’s stock valued at $675,000 after purchasing an additional 1,800 shares during the last quarter. Ameriflex Group Inc. bought a new position in Global X Lithium & Battery Tech ETF during the fourth quarter valued at $28,000. Finally, Millennium Management LLC bought a new position in Global X Lithium & Battery Tech ETF during the fourth quarter valued at $821,000.

Global X Lithium & Battery Tech ETF Stock Down 1.8%

LIT stock opened at $36.93 on Friday. Global X Lithium & Battery Tech ETF has a 52 week low of $31.44 and a 52 week high of $49.12. The company has a fifty day simple moving average of $36.68 and a two-hundred day simple moving average of $39.80. The firm has a market capitalization of $809.14 million, a P/E ratio of 22.43 and a beta of 1.02.

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.