Magnus Financial Group LLC Sells 502 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Magnus Financial Group LLC cut its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,808 shares of the company’s stock after selling 502 shares during the quarter. Magnus Financial Group LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $237,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LIT. Wealth Enhancement Advisory Services LLC increased its stake in Global X Lithium & Battery Tech ETF by 32.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,322 shares of the company’s stock valued at $363,000 after purchasing an additional 2,024 shares in the last quarter. Barclays PLC grew its holdings in shares of Global X Lithium & Battery Tech ETF by 219.8% in the 3rd quarter. Barclays PLC now owns 2,072 shares of the company’s stock valued at $90,000 after buying an additional 1,424 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter valued at $587,000. Sunbelt Securities Inc. raised its stake in Global X Lithium & Battery Tech ETF by 26.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,486 shares of the company’s stock worth $152,000 after buying an additional 734 shares during the period. Finally, Whitcomb & Hess Inc. lifted its holdings in Global X Lithium & Battery Tech ETF by 4.8% during the third quarter. Whitcomb & Hess Inc. now owns 185,942 shares of the company’s stock worth $8,105,000 after acquiring an additional 8,441 shares in the last quarter.

Global X Lithium & Battery Tech ETF Trading Down 0.7 %

NYSEARCA:LIT opened at $41.29 on Friday. Global X Lithium & Battery Tech ETF has a 1 year low of $34.65 and a 1 year high of $49.12. The stock has a 50-day moving average price of $42.91 and a two-hundred day moving average price of $41.15. The stock has a market cap of $1.46 billion, a price-to-earnings 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.