Global X Lithium & Battery Tech ETF $LIT Shares Sold by UBS Group AG

UBS Group AG lessened its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 25.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 118,094 shares of the company’s stock after selling 39,845 shares during the period. UBS Group AG’s holdings in Global X Lithium & Battery Tech ETF were worth $7,660,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Friedenthal Financial purchased a new position in Global X Lithium & Battery Tech ETF in the fourth quarter valued at about $151,000. Juncture Wealth Strategies LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter worth about $320,000. Moran Wealth Management LLC grew its stake in shares of Global X Lithium & Battery Tech ETF by 28.0% in the fourth quarter. Moran Wealth Management LLC now owns 31,812 shares of the company’s stock valued at $2,063,000 after buying an additional 6,951 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Global X Lithium & Battery Tech ETF by 98.8% in the fourth quarter. Private Trust Co. NA now owns 1,819 shares of the company’s stock valued at $118,000 after buying an additional 904 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global X Lithium & Battery Tech ETF by 493.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,630 shares of the company’s stock valued at $819,000 after buying an additional 10,500 shares during the period.

Global X Lithium & Battery Tech ETF Stock Performance

Global X Lithium & Battery Tech ETF stock opened at $83.03 on Tuesday. The firm has a market capitalization of $2.04 billion, a PE ratio of 21.25 and a beta of 1.03. Global X Lithium & Battery Tech ETF has a one year low of $35.62 and a one year high of $91.98. The stock’s 50 day moving average price is $78.54 and its 200 day moving average price is $71.37.

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.