58,482 Shares in Global X Lithium & Battery Tech ETF $LIT Bought by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP purchased a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 58,482 shares of the company’s stock, valued at approximately $3,793,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AlphaCore Capital LLC boosted its stake in shares of Global X Lithium & Battery Tech ETF by 333.3% during the fourth quarter. AlphaCore Capital LLC now owns 650 shares of the company’s stock valued at $42,000 after acquiring an additional 500 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in Global X Lithium & Battery Tech ETF by 103.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 663 shares of the company’s stock valued at $38,000 after purchasing an additional 337 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in Global X Lithium & Battery Tech ETF in the 4th quarter valued at about $53,000. Allworth Financial LP lifted its holdings in Global X Lithium & Battery Tech ETF by 74.2% in the 4th quarter. Allworth Financial LP now owns 1,272 shares of the company’s stock valued at $82,000 after purchasing an additional 542 shares in the last quarter. Finally, Picton Mahoney Asset Management boosted its stake in shares of Global X Lithium & Battery Tech ETF by 44.4% during the 3rd quarter. Picton Mahoney Asset Management now owns 1,300 shares of the company’s stock worth $74,000 after purchasing an additional 400 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of NYSEARCA LIT opened at $87.50 on Friday. Global X Lithium & Battery Tech ETF has a 1 year low of $35.62 and a 1 year high of $91.98. The firm’s 50 day moving average price is $80.72 and its 200 day moving average price is $72.70. The firm has a market cap of $2.14 billion, a P/E ratio of 21.25 and a beta of 1.03.

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.