MFA Wealth Advisors LLC Increases Stock Position in Global X Lithium & Battery Tech ETF $LIT

MFA Wealth Advisors LLC boosted its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 11.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,064 shares of the company’s stock after buying an additional 636 shares during the quarter. MFA Wealth Advisors LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $233,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of LIT. Ameriflex Group Inc. purchased a new position in Global X Lithium & Battery Tech ETF during the fourth quarter worth about $28,000. NBC Securities Inc. lifted its position in shares of Global X Lithium & Battery Tech ETF by 89,600.0% during the first quarter. NBC Securities Inc. now owns 897 shares of the company’s stock worth $34,000 after purchasing an additional 896 shares in the last quarter. Banque Transatlantique SA acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $37,000. AlphaCore Capital LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $89,000. Finally, HBW Advisory Services LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $139,000.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of LIT opened at $53.10 on Tuesday. The stock has a market capitalization of $1.21 billion, a PE ratio of 21.25 and a beta of 1.18. Global X Lithium & Battery Tech ETF has a 1 year low of $31.44 and a 1 year high of $53.31. The company’s 50-day simple moving average is $46.02 and its 200-day simple moving average is $40.62.

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.