30,000 Shares in Global X Lithium & Battery Tech ETF $LIT Purchased by Canal Insurance CO

Canal Insurance CO bought a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,000 shares of the company’s stock, valued at approximately $2,053,000. Canal Insurance CO owned 0.15% of Global X Lithium & Battery Tech ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIT. Nalls Sherbakoff Group LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter valued at approximately $29,000. Realta Investment Advisors grew its position in Global X Lithium & Battery Tech ETF by 26.1% during the first quarter. Realta Investment Advisors now owns 1,231 shares of the company’s stock worth $92,000 after buying an additional 255 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in Global X Lithium & Battery Tech ETF by 18.9% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,453 shares of the company’s stock worth $113,000 after acquiring an additional 231 shares during the period. Fifth Third Bancorp bought a new position in Global X Lithium & Battery Tech ETF during the 1st quarter worth $122,000. Finally, Concurrent Investment Advisors LLC bought a new position in Global X Lithium & Battery Tech ETF during the 2nd quarter worth $209,000.

Global X Lithium & Battery Tech ETF Trading Down 0.7%

NYSEARCA LIT traded down $0.43 during midday trading on Tuesday, hitting $64.18. The company had a trading volume of 94,550 shares, compared to its average volume of 347,181. The company has a market capitalization of $1.31 billion, a PE ratio of 21.25 and a beta of 1.05. The firm has a 50-day moving average price of $71.73 and a 200-day moving average price of $76.40. Global X Lithium & Battery Tech ETF has a twelve month low of $55.80 and a twelve month high of $91.98.

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. 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.