Ameritas Advisory Services LLC Decreases Stake in Global X Lithium & Battery Tech ETF $LIT

Ameritas Advisory Services LLC decreased its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 97.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 832 shares of the company’s stock after selling 27,710 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LIT. TD Waterhouse Canada Inc. grew its stake in Global X Lithium & Battery Tech ETF by 103.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 663 shares of the company’s stock valued at $38,000 after purchasing an additional 337 shares in the last quarter. Kilter Group LLC acquired a new stake in Global X Lithium & Battery Tech ETF in the second quarter worth about $26,000. Total Investment Management Inc. bought a new position in Global X Lithium & Battery Tech ETF during the 2nd quarter valued at $33,000. Private Trust Co. NA acquired a new position in shares of Global X Lithium & Battery Tech ETF in the 3rd quarter worth approximately $52,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 390.0% during the third quarter. Global Retirement Partners LLC now owns 1,279 shares of the company’s stock valued at $73,000 after purchasing an additional 1,018 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of NYSEARCA:LIT opened at $73.12 on Friday. Global X Lithium & Battery Tech ETF has a 52 week low of $31.44 and a 52 week high of $75.86. The company has a market cap of $1.71 billion, a PE ratio of 21.25 and a beta of 1.05. The firm has a 50 day simple moving average of $69.63 and a 200 day simple moving average of $60.47.

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. 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.