Simplex Trading LLC Takes $431,000 Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Simplex Trading LLC purchased a new position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,478 shares of the company’s stock, valued at approximately $431,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LIT. Creative Financial Designs Inc. ADV grew its holdings in Global X Lithium & Battery Tech ETF by 261.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 553 shares of the company’s stock worth $28,000 after purchasing an additional 400 shares during the last quarter. U S Global Investors Inc. purchased a new position in Global X Lithium & Battery Tech ETF during the 4th quarter worth $36,000. WFA Asset Management Corp acquired a new position in Global X Lithium & Battery Tech ETF during the 4th quarter valued at about $45,000. Smithfield Trust Co raised its stake in Global X Lithium & Battery Tech ETF by 25.8% in the third quarter. Smithfield Trust Co now owns 1,179 shares of the company’s stock valued at $66,000 after buying an additional 242 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Global X Lithium & Battery Tech ETF in the fourth quarter worth about $108,000.

Global X Lithium & Battery Tech ETF Trading Up 0.8 %

NYSEARCA:LIT opened at $46.00 on Monday. Global X Lithium & Battery Tech ETF has a twelve month low of $39.26 and a twelve month high of $69.09. The company has a market cap of $1.63 billion, a PE ratio of 9.79 and a beta of 1.31. The company’s 50 day moving average is $44.78 and its two-hundred day moving average is $46.09.

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.