Purpose Unlimited Inc. Takes $1.60 Million Position in Global X Lithium & Battery Tech ETF $LIT

Purpose Unlimited Inc. purchased a new position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,600 shares of the company’s stock, valued at approximately $1,596,000. Purpose Unlimited Inc. owned about 0.10% of Global X Lithium & Battery Tech ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Wealthspire Advisors LLC lifted its holdings in Global X Lithium & Battery Tech ETF by 2.2% in the 4th quarter. Wealthspire Advisors LLC now owns 7,765 shares of the company’s stock valued at $504,000 after purchasing an additional 168 shares in the last quarter. Centaurus Financial Inc. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 4.1% during the third quarter. Centaurus Financial Inc. now owns 4,593 shares of the company’s stock worth $261,000 after buying an additional 181 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 11.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,836 shares of the company’s stock worth $184,000 after buying an additional 299 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 5.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 6,107 shares of the company’s stock worth $396,000 after buying an additional 301 shares in the last quarter. Finally, Betterment LLC raised its position in shares of Global X Lithium & Battery Tech ETF by 7.2% in the fourth quarter. Betterment LLC now owns 4,840 shares of the company’s stock valued at $314,000 after buying an additional 325 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

NYSEARCA:LIT opened at $82.15 on Friday. The company’s 50-day moving average price is $83.99 and its 200-day moving average price is $74.85. The company has a market cap of $2.01 billion, a P/E ratio of 21.25 and a beta of 1.01. Global X Lithium & Battery Tech ETF has a twelve month low of $36.11 and a twelve month high of $91.98.

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.