PFG Investments LLC Sells 1,471 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

PFG Investments LLC trimmed its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 15.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,237 shares of the company’s stock after selling 1,471 shares during the quarter. PFG Investments LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. US Bancorp DE raised its holdings in Global X Lithium & Battery Tech ETF by 2.5% during the 4th quarter. US Bancorp DE now owns 14,114 shares of the company’s stock worth $719,000 after purchasing an additional 341 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in Global X Lithium & Battery Tech ETF by 4.5% during the first quarter. Avantax Advisory Services Inc. now owns 9,962 shares of the company’s stock worth $451,000 after buying an additional 425 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in 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 buying an additional 590 shares during the period. Private Advisor Group LLC boosted its position in Global X Lithium & Battery Tech ETF by 0.7% during the second quarter. Private Advisor Group LLC now owns 91,685 shares of the company’s stock valued at $3,558,000 after acquiring an additional 649 shares during the last quarter. Finally, Northwest Investment Counselors LLC acquired a new stake in Global X Lithium & Battery Tech ETF during the 1st quarter worth about $32,000.

Global X Lithium & Battery Tech ETF Trading Down 0.1 %

LIT stock opened at $37.68 on Friday. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $58.27. The stock has a 50-day moving average price of $37.84 and a 200-day moving average price of $41.78. The firm has a market cap of $1.34 billion, a PE 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.