Blair William & Co. IL decreased its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) by 56.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,772 shares of the company’s stock after selling 2,254 shares during the quarter. Blair William & Co. IL’s holdings in Global X Lithium & Battery Tech ETF were worth $69,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. lifted its position in Global X Lithium & Battery Tech ETF by 4.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 9,538 shares of the company’s stock worth $370,000 after buying an additional 421 shares in the last quarter. Larson Financial Group LLC lifted its position in Global X Lithium & Battery Tech ETF by 18.9% in the 1st quarter. Larson Financial Group LLC now owns 5,512 shares of the company’s stock worth $214,000 after buying an additional 878 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in Global X Lithium & Battery Tech ETF by 18.6% in the 1st quarter. Axxcess Wealth Management LLC now owns 13,148 shares of the company’s stock worth $510,000 after buying an additional 2,062 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in Global X Lithium & Battery Tech ETF by 2.5% in the 1st quarter. Ameritas Advisory Services LLC now owns 32,936 shares of the company’s stock worth $1,280,000 after buying an additional 794 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Global X Lithium & Battery Tech ETF by 172.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,591 shares of the company’s stock worth $1,598,000 after buying an additional 25,689 shares in the last quarter.
Global X Lithium & Battery Tech ETF Stock Up 0.6%
LIT stock opened at $46.44 on Thursday. Global X Lithium & Battery Tech ETF has a 12-month low of $31.44 and a 12-month high of $49.12. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 21.25 and a beta of 1.18. The company has a 50 day moving average of $40.28 and a two-hundred day moving average of $39.24.
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.
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