Fairscale Capital LLC Makes New $35,000 Investment in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Fairscale Capital LLC acquired a new stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 846 shares of the company’s stock, valued at approximately $35,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Eagle Strategies LLC lifted its stake 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 during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter worth $29,000. Asset Dedication LLC acquired a new position in shares of Global X Lithium & Battery Tech ETF during the second quarter worth $46,000. Private Advisor Group LLC increased its holdings in Global X Lithium & Battery Tech ETF by 0.7% in the second quarter. Private Advisor Group LLC now owns 91,685 shares of the company’s stock valued at $3,558,000 after buying an additional 649 shares during the last quarter. Finally, National Bank of Canada FI raised its stake in Global X Lithium & Battery Tech ETF by 17.7% in the second quarter. National Bank of Canada FI now owns 6,265 shares of the company’s stock valued at $244,000 after buying an additional 940 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of NYSEARCA LIT opened at $36.77 on Monday. The business has a 50-day moving average of $37.46 and a two-hundred day moving average of $41.41. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a 1 year low of $34.65 and a 1 year high of $55.98.

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.