Wick Capital Partners LLC Invests $406,000 in Global X Lithium & Battery Tech ETF $LIT

Wick Capital Partners LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,264 shares of the company’s stock, valued at approximately $406,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of Montreal Can boosted its holdings in Global X Lithium & Battery Tech ETF by 2,888.0% during the fourth quarter. Bank of Montreal Can now owns 265,692 shares of the company’s stock valued at $17,233,000 after acquiring an additional 256,800 shares during the period. Ameriprise Financial Inc. increased its stake in shares of 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 worth $8,291,000 after purchasing an additional 106,618 shares during the period. Chicago Wealth Management Inc. acquired a new position in shares of Global X Lithium & Battery Tech ETF during the 4th quarter worth about $5,041,000. BNP Paribas Financial Markets boosted its stake in Global X Lithium & Battery Tech ETF by 42.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 216,095 shares of the company’s stock valued at $12,285,000 after purchasing an additional 64,273 shares during the period. Finally, Baker Avenue Asset Management LP bought a new stake in Global X Lithium & Battery Tech ETF during the 4th quarter valued at approximately $3,793,000.

Global X Lithium & Battery Tech ETF Price Performance

LIT opened at $82.15 on Friday. The stock’s 50 day moving average price is $83.99 and its two-hundred day moving average price is $74.85. The firm has a market capitalization of $2.01 billion, a P/E ratio of 21.25 and a beta of 1.01. Global X Lithium & Battery Tech ETF has a 12-month low of $36.11 and a 12-month high of $91.98.

Global X Lithium & Battery Tech ETF Company 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.