Stifel Financial Corp lessened its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) by 16.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,720 shares of the company’s stock after selling 4,715 shares during the quarter. Stifel Financial Corp’s holdings in Global X Lithium & Battery Tech ETF were worth $1,078,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the business. Sanctuary Advisors LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter valued at about $587,000. Whitcomb & Hess Inc. raised its position in Global X Lithium & Battery Tech ETF by 4.8% during the third quarter. Whitcomb & Hess Inc. now owns 185,942 shares of the company’s stock valued at $8,105,000 after acquiring an additional 8,441 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Global X Lithium & Battery Tech ETF in the second quarter valued at approximately $121,000. Ashton Thomas Private Wealth LLC purchased a new stake in Global X Lithium & Battery Tech ETF in the 2nd quarter worth approximately $29,000. Finally, National Bank of Canada FI grew its stake in shares of Global X Lithium & Battery Tech ETF by 17.7% during the 2nd quarter. National Bank of Canada FI now owns 6,265 shares of the company’s stock worth $244,000 after purchasing an additional 940 shares during the period.
Global X Lithium & Battery Tech ETF Price Performance
NYSEARCA:LIT opened at $42.15 on Tuesday. The company has a 50 day moving average price of $44.01 and a 200-day moving average price of $41.03. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $52.23. The firm has a market cap of $1.50 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.
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