13,654 Shares in Global X Lithium & Battery Tech ETF $LIT Bought by Mutual Advisors LLC

Mutual Advisors LLC acquired a new position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 13,654 shares of the company’s stock, valued at approximately $886,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in shares of Global X Lithium & Battery Tech ETF by 42.3% in the third quarter. BNP Paribas Financial Markets now owns 216,095 shares of the company’s stock worth $12,285,000 after buying an additional 64,273 shares in the last quarter. UBS Group AG increased its stake in Global X Lithium & Battery Tech ETF by 4.2% in the third quarter. UBS Group AG now owns 157,939 shares of the company’s stock valued at $8,979,000 after acquiring an additional 6,317 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Global X Lithium & Battery Tech ETF by 269.6% in the third quarter. Ameriprise Financial Inc. now owns 146,158 shares of the company’s stock valued at $8,291,000 after acquiring an additional 106,618 shares during the last quarter. Raymond James Financial Inc. increased its stake in Global X Lithium & Battery Tech ETF by 15.0% in the third quarter. Raymond James Financial Inc. now owns 52,321 shares of the company’s stock valued at $2,974,000 after acquiring an additional 6,807 shares during the last quarter. Finally, Marshall Investment Management LLC bought a new position in Global X Lithium & Battery Tech ETF in the third quarter valued at $2,549,000.

Global X Lithium & Battery Tech ETF Stock Down 1.8%

LIT opened at $87.12 on Tuesday. The stock has a market cap of $2.14 billion, a PE ratio of 21.25 and a beta of 1.03. Global X Lithium & Battery Tech ETF has a 52 week low of $35.62 and a 52 week high of $88.90. The business’s fifty day simple moving average is $75.58 and its 200 day simple moving average is $69.24.

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.