Arrowroot Family Office LLC Acquires 8,770 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Arrowroot Family Office LLC increased its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 67.7% in the third quarter, HoldingsChannel.com reports. The fund owned 21,730 shares of the company’s stock after acquiring an additional 8,770 shares during the period. Arrowroot Family Office LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $947,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in Global X Lithium & Battery Tech ETF in the second quarter worth $29,000. MFA Wealth Advisors LLC purchased a new stake in Global X Lithium & Battery Tech ETF in the second quarter worth about $33,000. Rothschild Investment LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter worth approximately $35,000. Fairscale Capital LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter worth approximately $35,000. Finally, Future Financial Wealth Managment LLC purchased a new position in Global X Lithium & Battery Tech ETF during the third quarter valued at $44,000.

Global X Lithium & Battery Tech ETF Trading Up 0.1 %

Global X Lithium & Battery Tech ETF stock opened at $44.70 on Monday. Global X Lithium & Battery Tech ETF has a 12 month low of $34.65 and a 12 month high of $52.23. The business’s fifty day simple moving average is $44.04 and its two-hundred day simple moving average is $41.11. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31.

Global X Lithium & Battery Tech ETF Company 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.