Sanctuary Advisors LLC Sells 707 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Sanctuary Advisors LLC lessened its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,013 shares of the company’s stock after selling 707 shares during the period. Sanctuary Advisors LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $585,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in LIT. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Lithium & Battery Tech ETF by 254.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 84,765 shares of the company’s stock valued at $3,603,000 after purchasing an additional 60,835 shares during the period. Canal Insurance CO raised its stake in Global X Lithium & Battery Tech ETF by 90.6% during the second quarter. Canal Insurance CO now owns 63,100 shares of the company’s stock valued at $2,449,000 after buying an additional 30,000 shares during the last quarter. Eagle Strategies LLC boosted its holdings in Global X Lithium & Battery Tech ETF by 110.3% in the second quarter. Eagle Strategies LLC now owns 28,339 shares of the company’s stock worth $1,100,000 after acquiring an additional 14,861 shares in the last quarter. Canal Capital Management LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the second quarter worth $466,000. Finally, Arrowroot Family Office LLC increased its holdings in shares of Global X Lithium & Battery Tech ETF by 67.7% during the third quarter. Arrowroot Family Office LLC now owns 21,730 shares of the company’s stock valued at $947,000 after acquiring an additional 8,770 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of Global X Lithium & Battery Tech ETF stock opened at $42.74 on Thursday. Global X Lithium & Battery Tech ETF has a 1 year low of $34.65 and a 1 year high of $52.23. The firm’s 50-day moving average is $44.01 and its 200 day moving average is $41.03. The stock has a market cap of $1.52 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.