Private Wealth Strategies L.L.C. Boosts Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Private Wealth Strategies L.L.C. lifted its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 13.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,388 shares of the company’s stock after buying an additional 735 shares during the period. Private Wealth Strategies L.L.C.’s holdings in Global X Lithium & Battery Tech ETF were worth $248,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of LIT. Whitcomb & Hess Inc. increased its position in Global X Lithium & Battery Tech ETF by 5.3% during the second quarter. Whitcomb & Hess Inc. now owns 177,501 shares of the company’s stock worth $6,889,000 after purchasing an additional 8,934 shares during the last quarter. International Assets Investment Management LLC increased its position in Global X Lithium & Battery Tech ETF by 10.4% during the fourth quarter. International Assets Investment Management LLC now owns 176,471 shares of the company’s stock worth $8,989,000 after purchasing an additional 16,575 shares during the last quarter. CX Institutional increased its position in shares of Global X Lithium & Battery Tech ETF by 3.2% during the second quarter. CX Institutional now owns 145,805 shares of the company’s stock valued at $5,659,000 after acquiring an additional 4,525 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Global X Lithium & Battery Tech ETF by 204.9% during the first quarter. Cetera Investment Advisers now owns 119,201 shares of the company’s stock valued at $5,399,000 after acquiring an additional 80,106 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Global X Lithium & Battery Tech ETF by 2.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 107,441 shares of the company’s stock valued at $4,866,000 after acquiring an additional 3,001 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Up 1.4 %

Shares of LIT traded up $0.51 during trading on Monday, reaching $37.91. 215,700 shares of the company traded hands, compared to its average volume of 432,002. Global X Lithium & Battery Tech ETF has a twelve month low of $35.16 and a twelve month high of $60.03. The stock has a market cap of $1.35 billion, a PE ratio of 9.79 and a beta of 1.31. The stock has a 50-day simple moving average of $38.39 and a 200-day simple moving average of $42.17.

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.