US Bancorp DE Decreases Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

US Bancorp DE lowered its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 21.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,785 shares of the company’s stock after selling 1,851 shares during the period. US Bancorp DE’s holdings in Global X Lithium & Battery Tech ETF were worth $263,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings 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 valued at $1,598,000 after purchasing an additional 25,689 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Global X Lithium & Battery Tech ETF by 41.5% in the 4th 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 period. SG Americas Securities LLC boosted its holdings in Global X Lithium & Battery Tech ETF by 25.5% in the 1st quarter. SG Americas Securities LLC now owns 14,518 shares of the company’s stock valued at $563,000 after purchasing an additional 2,953 shares during the period. Millennium Management LLC bought a new position in Global X Lithium & Battery Tech ETF in the 4th quarter valued at $821,000. Finally, NBC Securities Inc. raised its position in shares of Global X Lithium & Battery Tech ETF by 89,600.0% during the 1st quarter. NBC Securities Inc. now owns 897 shares of the company’s stock valued at $34,000 after buying an additional 896 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

Global X Lithium & Battery Tech ETF stock opened at $45.34 on Friday. The firm’s fifty day moving average price is $40.44 and its 200-day moving average price is $39.27. The stock has a market cap of $1.03 billion, a P/E ratio of 21.25 and a beta of 1.18. Global X Lithium & Battery Tech ETF has a fifty-two week low of $31.44 and a fifty-two week high of $49.12.

Global X Lithium & Battery Tech ETF 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.