CX Institutional Trims Stock Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

CX Institutional lowered its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 50.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,159 shares of the company’s stock after selling 65,717 shares during the period. CX Institutional owned 0.27% of Global X Lithium & Battery Tech ETF worth $2,489,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Ameriflex Group Inc. purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter valued at $28,000. Union Bancaire Privee UBP SA acquired a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth about $31,000. NBC Securities Inc. boosted its stake in Global X Lithium & Battery Tech ETF by 89,600.0% in the 1st quarter. NBC Securities Inc. now owns 897 shares of the company’s stock worth $34,000 after buying an additional 896 shares during the last quarter. Rothschild Investment LLC grew its holdings in Global X Lithium & Battery Tech ETF by 50.4% in the 4th quarter. Rothschild Investment LLC now owns 1,342 shares of the company’s stock valued at $55,000 after buying an additional 450 shares during the period. Finally, Edmond DE Rothschild Holding S.A. increased its stake in shares of Global X Lithium & Battery Tech ETF by 586.7% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 2,060 shares of the company’s stock valued at $84,000 after acquiring an additional 1,760 shares during the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of LIT stock opened at $37.97 on Thursday. The firm’s 50-day simple moving average is $36.53 and its 200-day simple moving average is $39.86. Global X Lithium & Battery Tech ETF has a 1-year low of $31.44 and a 1-year high of $49.12. The firm has a market cap of $831.92 million, a P/E ratio of 22.43 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.