Chicago Wealth Management Inc. acquired a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 77,716 shares of the company’s stock, valued at approximately $5,041,000. Global X Lithium & Battery Tech ETF comprises 2.0% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 18th biggest position.
Other large investors have also recently added to or reduced their stakes in the company. South Shore Capital Advisors bought a new position in Global X Lithium & Battery Tech ETF during the fourth quarter worth $616,000. Moran Wealth Management LLC lifted its stake in Global X Lithium & Battery Tech ETF by 28.0% during the fourth quarter. Moran Wealth Management LLC now owns 31,812 shares of the company’s stock worth $2,063,000 after purchasing an additional 6,951 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X Lithium & Battery Tech ETF by 493.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,630 shares of the company’s stock worth $819,000 after purchasing an additional 10,500 shares during the last quarter. IFG Advisory LLC bought a new position in Global X Lithium & Battery Tech ETF during the third quarter worth $1,329,000. Finally, JPMorgan Chase & Co. lifted its stake in Global X Lithium & Battery Tech ETF by 107.5% during the third quarter. JPMorgan Chase & Co. now owns 25,989 shares of the company’s stock worth $1,478,000 after purchasing an additional 13,466 shares during the last quarter.
Global X Lithium & Battery Tech ETF Price Performance
Shares of NYSEARCA LIT opened at $83.07 on Thursday. Global X Lithium & Battery Tech ETF has a 1-year low of $36.11 and a 1-year high of $91.98. The business’s fifty day moving average price is $83.71 and its two-hundred day moving average price is $74.67. The firm has a market capitalization of $2.04 billion, a PE ratio of 21.25 and a beta of 1.01.
About Global X Lithium & Battery Tech ETF
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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