Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Holdings Lowered by Financial Freedom LLC

Financial Freedom LLC trimmed its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 13.6% in the 4th quarter, HoldingsChannel reports. The firm owned 1,986 shares of the company’s stock after selling 313 shares during the quarter. Financial Freedom LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $81,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of LIT. Mirae Asset Global Investments Co. Ltd. lifted its stake in 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 worth $3,603,000 after acquiring an additional 60,835 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Global X Lithium & Battery Tech ETF in the 2nd quarter worth about $587,000. Pines Wealth Management LLC purchased a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth about $543,000. Arrowroot Family Office LLC lifted its stake in Global X Lithium & Battery Tech ETF by 67.7% in the 3rd quarter. Arrowroot Family Office LLC now owns 21,730 shares of the company’s stock worth $947,000 after acquiring an additional 8,770 shares in the last quarter. Finally, Eagle Strategies LLC lifted its stake in Global X Lithium & Battery Tech ETF by 30.1% in the 3rd quarter. Eagle Strategies LLC now owns 36,862 shares of the company’s stock worth $1,607,000 after acquiring an additional 8,523 shares in the last quarter.

Global X Lithium & Battery Tech ETF Trading Up 1.6 %

Shares of Global X Lithium & Battery Tech ETF stock opened at $42.28 on Monday. The stock has a 50-day moving average price of $43.17 and a 200 day moving average price of $41.12. The company has a market cap of $1.50 billion, a P/E 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.

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.