Petra Financial Advisors Inc. Purchases Shares of 9,822 Global X Lithium & Battery Tech ETF $LIT

Petra Financial Advisors Inc. purchased a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,822 shares of the company’s stock, valued at approximately $730,000.

A number of other large investors also recently modified their holdings of LIT. Bank of Montreal Can lifted 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 in the last quarter. BNP Paribas Financial Markets grew its holdings 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 purchasing an additional 64,273 shares during the period. UBS Group AG increased its position in Global X Lithium & Battery Tech ETF by 4.2% during the 3rd quarter. UBS Group AG now owns 157,939 shares of the company’s stock worth $8,979,000 after purchasing an additional 6,317 shares in the last quarter. Ameriprise Financial Inc. increased its position in 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 purchasing an additional 106,618 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in Global X Lithium & Battery Tech ETF by 3.8% in the fourth quarter. Cetera Investment Advisers now owns 91,895 shares of the company’s stock valued at $5,960,000 after buying an additional 3,359 shares during the period.

Global X Lithium & Battery Tech ETF Stock Performance

NYSEARCA LIT opened at $69.08 on Wednesday. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 21.25 and a beta of 1.02. Global X Lithium & Battery Tech ETF has a one year low of $40.41 and a one year high of $91.98. The company’s 50 day moving average price is $79.48 and its 200 day moving average price is $76.43.

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.