Flagship Harbor Advisors LLC Lowers Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Flagship Harbor Advisors LLC lowered its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 10.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,147 shares of the company’s stock after selling 840 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $277,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whitcomb & Hess Inc. increased its position in shares of Global X Lithium & Battery Tech ETF by 2.7% during the 1st quarter. Whitcomb & Hess Inc. now owns 189,569 shares of the company’s stock worth $7,355,000 after purchasing an additional 4,942 shares during the last quarter. OLD Mission Capital LLC increased its position in shares of Global X Lithium & Battery Tech ETF by 3.9% during the fourth quarter. OLD Mission Capital LLC now owns 115,387 shares of the company’s stock valued at $4,705,000 after acquiring an additional 4,308 shares during the last quarter. Halter Ferguson Financial Inc. raised its stake in shares of Global X Lithium & Battery Tech ETF by 5.1% in the 4th quarter. Halter Ferguson Financial Inc. now owns 105,550 shares of the company’s stock valued at $4,304,000 after acquiring an additional 5,120 shares during the period. Cetera Investment Advisers raised its stake in shares of Global X Lithium & Battery Tech ETF by 3.4% in the 4th quarter. Cetera Investment Advisers now owns 93,602 shares of the company’s stock valued at $3,817,000 after acquiring an additional 3,090 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $2,453,000.

Global X Lithium & Battery Tech ETF Stock Performance

NYSEARCA:LIT opened at $38.75 on Friday. Global X Lithium & Battery Tech ETF has a fifty-two week low of $31.44 and a fifty-two week high of $49.12. The company has a 50 day moving average price of $37.16 and a 200 day moving average price of $39.35. The stock has a market capitalization of $841.07 million, a P/E ratio of 21.25 and a beta of 1.18.

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.