Axxcess Wealth Management LLC Grows Stock Holdings in Global X Lithium & Battery Tech ETF $LIT

Axxcess Wealth Management LLC grew its position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 1.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 13,398 shares of the company’s stock after purchasing an additional 250 shares during the period. Axxcess Wealth Management LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $514,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 172.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,591 shares of the company’s stock valued at $1,598,000 after buying an additional 25,689 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Global X Lithium & Battery Tech ETF by 25.5% during the first quarter. SG Americas Securities LLC now owns 14,518 shares of the company’s stock valued at $563,000 after buying an additional 2,953 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 4.6% during the first quarter. Avantax Advisory Services Inc. now owns 9,538 shares of the company’s stock valued at $370,000 after buying an additional 421 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Global X Lithium & Battery Tech ETF by 21.7% during the second quarter. Truist Financial Corp now owns 12,304 shares of the company’s stock valued at $472,000 after buying an additional 2,193 shares during the last quarter. Finally, Whitcomb & Hess Inc. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 1.3% during the second quarter. Whitcomb & Hess Inc. now owns 192,021 shares of the company’s stock valued at $7,374,000 after buying an additional 2,452 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Down 1.0%

NYSEARCA:LIT opened at $56.84 on Friday. The company’s 50 day moving average price is $51.65 and its 200-day moving average price is $42.82. Global X Lithium & Battery Tech ETF has a 52 week low of $31.44 and a 52 week high of $60.10. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 21.25 and a beta of 1.18.

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.