BLVD Private Wealth LLC Trims Stock Holdings in Global X Lithium & Battery Tech ETF $LIT

BLVD Private Wealth LLC reduced its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 25.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,398 shares of the company’s stock after selling 11,330 shares during the quarter. Global X Lithium & Battery Tech ETF accounts for about 1.6% of BLVD Private Wealth LLC’s investment portfolio, making the stock its 18th largest holding. BLVD Private Wealth LLC owned about 0.15% of Global X Lithium & Battery Tech ETF worth $1,842,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stonebridge Financial Group LLC bought a new position in Global X Lithium & Battery Tech ETF during the 3rd quarter valued at $16,334,000. Whitcomb & Hess Inc. raised its stake in shares of Global X Lithium & Battery Tech ETF by 7.8% in the 3rd quarter. Whitcomb & Hess Inc. now owns 206,915 shares of the company’s stock valued at $11,763,000 after purchasing an additional 14,894 shares in the last quarter. Kraft Davis & Associates LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the second quarter worth about $1,902,000. Ameriprise Financial Inc. lifted its position in shares of Global X Lithium & Battery Tech ETF by 10.8% during the second quarter. Ameriprise Financial Inc. now owns 39,540 shares of the company’s stock worth $1,492,000 after purchasing an additional 3,839 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its stake in Global X Lithium & Battery Tech ETF by 8.4% in the second quarter. Wealthfront Advisers LLC now owns 39,508 shares of the company’s stock worth $1,517,000 after purchasing an additional 3,063 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Down 1.7%

Shares of Global X Lithium & Battery Tech ETF stock opened at $69.66 on Friday. The business has a 50-day moving average price of $64.91 and a 200 day moving average price of $55.18. Global X Lithium & Battery Tech ETF has a fifty-two week low of $31.44 and a fifty-two week high of $71.52. The firm has a market cap of $1.59 billion, a P/E ratio of 21.25 and a beta of 1.05.

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. The Fund will normally invest at least 80% of its total assets in the securities of the Index and in depositary receipts based on the securities in the Index.