Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Position Trimmed by HBW Advisory Services LLC

HBW Advisory Services LLC lessened its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 72.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,662 shares of the company’s stock after selling 9,633 shares during the quarter. HBW Advisory Services LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $142,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. International Assets Investment Management LLC lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 10.4% during the 4th quarter. International Assets Investment Management LLC now owns 176,471 shares of the company’s stock valued at $8,989,000 after buying an additional 16,575 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the 4th quarter valued at about $1,080,000. Grimes & Company Inc. acquired a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $1,208,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Global X Lithium & Battery Tech ETF by 75.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,520 shares of the company’s stock worth $20,097,000 after purchasing an additional 169,329 shares during the last quarter. Finally, Investment Partners Asset Management Inc. acquired a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $312,000.

Global X Lithium & Battery Tech ETF Price Performance

LIT traded down $0.33 on Tuesday, hitting $35.94. The company had a trading volume of 367,114 shares, compared to its average volume of 454,207. The company’s fifty day moving average price is $40.55 and its 200 day moving average price is $42.92. Global X Lithium & Battery Tech ETF has a 1-year low of $35.16 and a 1-year high of $63.57. The stock has a market cap of $1.28 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.