PNC Financial Services Group Inc. Lowers Holdings in Global X Lithium & Battery Tech ETF $LIT

PNC Financial Services Group Inc. lowered its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 10.0% during the third quarter, Holdings Channel.com reports. The firm owned 314,192 shares of the company’s stock after selling 34,768 shares during the period. PNC Financial Services Group Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $17,862,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. TD Waterhouse Canada Inc. boosted its holdings in Global X Lithium & Battery Tech ETF by 103.4% in the third 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 period. CWM LLC boosted its stake in shares of Global X Lithium & Battery Tech ETF by 11.9% in the 3rd quarter. CWM LLC now owns 4,416 shares of the company’s stock valued at $251,000 after buying an additional 468 shares during the period. Kilter Group LLC acquired a new position in shares of Global X Lithium & Battery Tech ETF during the second quarter worth about $26,000. AE Wealth Management LLC increased its stake in shares of Global X Lithium & Battery Tech ETF by 27.7% during the third quarter. AE Wealth Management LLC now owns 3,362 shares of the company’s stock worth $191,000 after buying an additional 729 shares during the period. Finally, Ipsen Advisor Group LLC raised its holdings in Global X Lithium & Battery Tech ETF by 2.2% in the third quarter. Ipsen Advisor Group LLC now owns 39,293 shares of the company’s stock valued at $2,234,000 after acquiring an additional 831 shares in the last quarter.

Global X Lithium & Battery Tech ETF Trading Down 0.3%

Shares of NYSEARCA:LIT opened at $72.47 on Wednesday. Global X Lithium & Battery Tech ETF has a 52 week low of $31.44 and a 52 week high of $75.86. The company’s 50 day moving average is $69.12 and its two-hundred day moving average is $60.06. The company has a market cap of $1.70 billion, a PE ratio of 21.25 and a beta of 1.05.

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. 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.