Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Shares Acquired by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC increased its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 9.0% in the 4th quarter, HoldingsChannel reports. The fund owned 7,987 shares of the company’s stock after purchasing an additional 661 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $326,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Magnus Financial Group LLC raised its position in Global X Lithium & Battery Tech ETF by 11.9% in the third quarter. Magnus Financial Group LLC now owns 6,310 shares of the company’s stock valued at $275,000 after purchasing an additional 672 shares during the period. Sunbelt Securities Inc. grew its stake in shares of Global X Lithium & Battery Tech ETF by 26.7% in the third quarter. Sunbelt Securities Inc. now owns 3,486 shares of the company’s stock valued at $152,000 after buying an additional 734 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Global X Lithium & Battery Tech ETF by 50.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,592 shares of the company’s stock valued at $106,000 after buying an additional 864 shares during the period. BNP Paribas acquired a new position in Global X Lithium & Battery Tech ETF during the 3rd quarter worth about $44,000. Finally, Future Financial Wealth Managment LLC purchased a new position in Global X Lithium & Battery Tech ETF during the 3rd quarter valued at about $44,000.

Global X Lithium & Battery Tech ETF Price Performance

Shares of NYSEARCA:LIT opened at $40.79 on Thursday. The firm has a market capitalization of $1.45 billion, a PE 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 $49.12. The firm’s 50-day moving average is $42.64 and its two-hundred day moving average is $41.18.

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.