Wick Capital Partners LLC bought a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor bought 9,354 shares of the company’s stock, valued at approximately $607,000.
A number of other large investors have also recently modified their holdings of LIT. Bank of Montreal Can increased its stake in shares of Global X Lithium & Battery Tech ETF by 2,888.0% in the 4th quarter. Bank of Montreal Can now owns 265,692 shares of the company’s stock valued at $17,233,000 after purchasing an additional 256,800 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Global X Lithium & Battery Tech ETF by 269.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 146,158 shares of the company’s stock worth $8,291,000 after buying an additional 106,618 shares in the last quarter. Chicago Wealth Management Inc. bought a new stake in shares of Global X Lithium & Battery Tech ETF during the 4th quarter worth $5,041,000. BNP Paribas Financial Markets lifted its position in shares of 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 worth $12,285,000 after buying an additional 64,273 shares during the last quarter. Finally, Baker Avenue Asset Management LP acquired a new stake in Global X Lithium & Battery Tech ETF in the fourth quarter valued at about $3,793,000.
Global X Lithium & Battery Tech ETF Stock Down 1.1%
NYSEARCA:LIT opened at $82.15 on Friday. Global X Lithium & Battery Tech ETF has a twelve month low of $36.11 and a twelve month high of $91.98. The stock’s 50-day simple moving average is $83.88 and its 200 day simple moving average is $74.80. The firm has a market capitalization of $2.01 billion, a PE ratio of 21.25 and a beta of 1.01.
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.
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