Realta Investment Advisors Increases Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Realta Investment Advisors boosted its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 3,156.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 977 shares of the company’s stock after buying an additional 947 shares during the period. Realta Investment Advisors’ holdings in Global X Lithium & Battery Tech ETF were worth $40,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF in the second quarter valued at $587,000. Future Financial Wealth Managment LLC purchased a new stake in Global X Lithium & Battery Tech ETF during the 3rd quarter worth about $44,000. Magnus Financial Group LLC raised its position in Global X Lithium & Battery Tech ETF by 11.9% in the 3rd 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 in the last quarter. BCS Wealth Management purchased a new position in shares of Global X Lithium & Battery Tech ETF in the 3rd quarter valued at about $224,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X Lithium & Battery Tech ETF by 254.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 84,765 shares of the company’s stock worth $3,603,000 after buying an additional 60,835 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

LIT stock opened at $41.14 on Friday. The company’s 50 day moving average price is $42.02 and its 200 day moving average price is $41.17. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a fifty-two week low of $34.65 and a fifty-two week high of $49.12.

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.