PFG Investments LLC Increases Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

PFG Investments LLC grew its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 58.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,708 shares of the company’s stock after buying an additional 3,576 shares during the period. PFG Investments LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Evolution Wealth Advisors LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $402,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $45,000. Whitcomb & Hess Inc. acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $7,634,000. Sunbelt Securities Inc. increased its position in shares of Global X Lithium & Battery Tech ETF by 28.6% during the first quarter. Sunbelt Securities Inc. now owns 2,652 shares of the company’s stock worth $120,000 after purchasing an additional 590 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the first quarter worth about $774,000.

Global X Lithium & Battery Tech ETF Price Performance

Shares of LIT traded down $1.10 during midday trading on Tuesday, reaching $43.82. 602,590 shares of the stock were exchanged, compared to its average volume of 521,347. The business’s 50-day moving average price is $44.64 and its 200 day moving average price is $46.25. Global X Lithium & Battery Tech ETF has a twelve month low of $39.26 and a twelve month high of $69.09. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 9.77 and a beta of 1.35.

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.