Private Advisor Group LLC Sells 13,057 Shares of Global X Lithium & Battery Tech ETF $LIT

Private Advisor Group LLC lowered its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 51.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,306 shares of the company’s stock after selling 13,057 shares during the period. Private Advisor Group LLC owned approximately 0.05% of Global X Lithium & Battery Tech ETF worth $915,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Wealthspire Advisors LLC grew its holdings in shares of Global X Lithium & Battery Tech ETF by 2.2% during the fourth quarter. Wealthspire Advisors LLC now owns 7,765 shares of the company’s stock worth $504,000 after purchasing an additional 168 shares in the last quarter. Centaurus Financial Inc. increased its position in shares of Global X Lithium & Battery Tech ETF by 4.1% in the third quarter. Centaurus Financial Inc. now owns 4,593 shares of the company’s stock worth $261,000 after purchasing an additional 181 shares during the last quarter. Realta Investment Advisors raised its stake in Global X Lithium & Battery Tech ETF by 26.1% in the first quarter. Realta Investment Advisors now owns 1,231 shares of the company’s stock valued at $92,000 after purchasing an additional 255 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in Global X Lithium & Battery Tech ETF by 11.8% in the fourth quarter. SBI Securities Co. Ltd. now owns 2,836 shares of the company’s stock valued at $184,000 after purchasing an additional 299 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Global X Lithium & Battery Tech ETF by 5.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 6,107 shares of the company’s stock valued at $396,000 after purchasing an additional 301 shares during the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

LIT stock opened at $70.24 on Tuesday. The firm has a 50 day simple moving average of $81.97 and a two-hundred day simple moving average of $76.31. The stock has a market cap of $1.55 billion, a PE ratio of 21.25 and a beta of 1.02. Global X Lithium & Battery Tech ETF has a one year low of $39.31 and a one year high of $91.98.

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. 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.