PNC Financial Services Group Inc. Has $19.24 Million Holdings in Global X Lithium & Battery Tech ETF $LIT

PNC Financial Services Group Inc. lowered its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 296,697 shares of the company’s stock after selling 17,495 shares during the period. PNC Financial Services Group Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $19,244,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AlphaCore Capital LLC lifted its position in shares of Global X Lithium & Battery Tech ETF by 333.3% in the fourth quarter. AlphaCore Capital LLC now owns 650 shares of the company’s stock worth $42,000 after buying an additional 500 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Global X Lithium & Battery Tech ETF by 103.4% in the third quarter. TD Waterhouse Canada Inc. now owns 663 shares of the company’s stock worth $38,000 after buying an additional 337 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter worth about $53,000. Allworth Financial LP lifted its position in shares of Global X Lithium & Battery Tech ETF by 74.2% in the fourth quarter. Allworth Financial LP now owns 1,272 shares of the company’s stock worth $82,000 after buying an additional 542 shares during the last quarter. Finally, Picton Mahoney Asset Management lifted its position in shares of Global X Lithium & Battery Tech ETF by 44.4% in the third quarter. Picton Mahoney Asset Management now owns 1,300 shares of the company’s stock worth $74,000 after buying an additional 400 shares during the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of NYSEARCA:LIT opened at $85.28 on Friday. Global X Lithium & Battery Tech ETF has a fifty-two week low of $35.62 and a fifty-two week high of $91.98. The business has a 50-day moving average of $79.53 and a two-hundred day moving average of $71.90. The stock has a market capitalization of $2.09 billion, a P/E ratio of 21.25 and a beta of 1.03.

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.