Private Advisor Group LLC Cuts Stock Position in Global X Lithium & Battery Tech ETF $LIT

Private Advisor Group LLC cut its position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 51.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,306 shares of the company’s stock after selling 13,057 shares during the quarter. Private Advisor Group LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $915,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in Global X Lithium & Battery Tech ETF by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 11,953 shares of the company’s stock worth $889,000 after buying an additional 347 shares in the last quarter. Realta Investment Advisors lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 26.1% in the 1st quarter. Realta Investment Advisors now owns 1,231 shares of the company’s stock worth $92,000 after acquiring an additional 255 shares during the last quarter. Armbruster Capital Management Inc. purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the 1st quarter valued at $204,000. SG Americas Securities LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the 1st quarter valued at $199,000. Finally, VVR Holdings LLC raised its position in Global X Lithium & Battery Tech ETF by 19.1% in the 1st quarter. VVR Holdings LLC now owns 6,527 shares of the company’s stock worth $485,000 after purchasing an additional 1,046 shares during the period.

Global X Lithium & Battery Tech ETF Stock Down 2.9%

Global X Lithium & Battery Tech ETF stock opened at $70.24 on Tuesday. The firm has a fifty day simple moving average of $81.97 and a two-hundred day simple moving average of $76.31. Global X Lithium & Battery Tech ETF has a twelve month low of $39.31 and a twelve month high of $91.98. The company has a market capitalization of $1.55 billion, a PE ratio of 21.25 and a beta of 1.02.

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.