Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 51.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,638 shares of the company’s stock after selling 11,164 shares during the quarter. Truist Financial Corp’s holdings in Global X Lithium & Battery Tech ETF were worth $434,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Barclays PLC increased its holdings in shares of Global X Lithium & Battery Tech ETF by 219.8% in the third quarter. Barclays PLC now owns 2,072 shares of the company’s stock valued at $90,000 after purchasing an additional 1,424 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of 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 during the last quarter. SG Americas Securities LLC increased its stake in Global X Lithium & Battery Tech ETF by 120.8% during the fourth quarter. SG Americas Securities LLC now owns 11,565 shares of the company’s stock worth $472,000 after acquiring an additional 6,327 shares during the last quarter. Sunbelt Securities Inc. increased its stake in Global X Lithium & Battery Tech ETF by 26.7% during the third quarter. Sunbelt Securities Inc. now owns 3,486 shares of the company’s stock worth $152,000 after acquiring an additional 734 shares during the last quarter. Finally, CX Institutional increased its stake in Global X Lithium & Battery Tech ETF by 9.1% during the fourth quarter. CX Institutional now owns 129,876 shares of the company’s stock worth $5,296,000 after acquiring an additional 10,819 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Down 0.4 %

LIT stock opened at $40.57 on Tuesday. The business has a fifty day moving average of $41.37 and a two-hundred day moving average of $41.75. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 24.56 and a beta of 1.14. Global X Lithium & Battery Tech ETF has a 52-week low of $34.65 and a 52-week 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.