Cambridge Investment Research Advisors Inc. Sells 3,629 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Cambridge Investment Research Advisors Inc. decreased its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 103,812 shares of the company’s stock after selling 3,629 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $4,029,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new position in Global X Lithium & Battery Tech ETF during the 1st quarter valued at approximately $32,000. MFA Wealth Advisors LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter worth approximately $33,000. Future Financial Wealth Managment LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the 1st quarter valued at approximately $45,000. Advantage Trust Co purchased a new position in shares of Global X Lithium & Battery Tech ETF in the fourth quarter valued at $59,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 28.6% in the first quarter. Sunbelt Securities Inc. now owns 2,652 shares of the company’s stock valued at $120,000 after purchasing an additional 590 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Up 1.3 %

Global X Lithium & Battery Tech ETF stock opened at $37.89 on Friday. Global X Lithium & Battery Tech ETF has a 52-week low of $35.16 and a 52-week high of $60.03. The firm’s fifty day moving average is $38.39 and its 200 day moving average is $42.16. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31.

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.