Private Advisor Group LLC Sells 77,791 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Private Advisor Group LLC reduced its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 84.8% during the third quarter, HoldingsChannel.com reports. The firm owned 13,894 shares of the company’s stock after selling 77,791 shares during the quarter. Private Advisor Group LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $606,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of Global X Lithium & Battery Tech ETF by 77.7% during the first quarter. BNP Paribas Financial Markets now owns 71,325 shares of the company’s stock valued at $3,230,000 after acquiring an additional 31,176 shares in the last quarter. Clarity Capital Partners LLC increased its holdings in shares of Global X Lithium & Battery Tech ETF by 20.1% in the 1st quarter. Clarity Capital Partners LLC now owns 8,577 shares of the company’s stock worth $388,000 after purchasing an additional 1,434 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Global X Lithium & Battery Tech ETF by 20.6% in the 1st quarter. SG Americas Securities LLC now owns 19,349 shares of the company’s stock worth $876,000 after purchasing an additional 3,307 shares in the last quarter. Retirement Planning Co of New England Inc. raised its stake in shares of Global X Lithium & Battery Tech ETF by 20.4% in the first quarter. Retirement Planning Co of New England Inc. now owns 4,952 shares of the company’s stock worth $224,000 after purchasing an additional 838 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 11.9% during the first quarter. Oppenheimer & Co. Inc. now owns 12,525 shares of the company’s stock valued at $567,000 after purchasing an additional 1,328 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

NYSEARCA LIT opened at $43.68 on Monday. Global X Lithium & Battery Tech ETF has a one year low of $34.65 and a one year high of $52.23. The stock has a 50-day moving average of $40.82 and a 200 day moving average of $41.02. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31.

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.