Canal Insurance CO bought a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) during the third quarter, HoldingsChannel reports. The fund bought 30,000 shares of the company’s stock, valued at approximately $2,053,000.
Several other institutional investors also recently modified their holdings of the stock. Nalls Sherbakoff Group LLC acquired a new position in shares of Global X Lithium & Battery Tech ETF during the fourth quarter worth $29,000. Realta Investment Advisors boosted its holdings in shares of Global X Lithium & Battery Tech ETF by 26.1% during the 1st quarter. Realta Investment Advisors now owns 1,231 shares of the company’s stock valued at $92,000 after acquiring an additional 255 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Global X Lithium & Battery Tech ETF by 18.9% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,453 shares of the company’s stock valued at $113,000 after acquiring an additional 231 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the 1st quarter valued at $122,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the 1st quarter valued at $199,000.
Global X Lithium & Battery Tech ETF Price Performance
LIT stock traded down $0.43 during midday trading on Tuesday, reaching $64.18. 94,550 shares of the stock were exchanged, compared to its average volume of 347,181. The stock has a market capitalization of $1.31 billion, a PE ratio of 21.25 and a beta of 1.05. Global X Lithium & Battery Tech ETF has a 52 week low of $55.80 and a 52 week high of $91.98. The company has a fifty day moving average price of $71.73 and a 200 day moving average price of $76.40.
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. The Fund will normally invest at least 80% of its total assets in the securities of the Index and in depositary receipts based on the securities in the Index.
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