Envestnet Asset Management Inc. Raises Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Envestnet Asset Management Inc. lifted its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LITGet Rating) by 29.7% in the first quarter, HoldingsChannel reports. The firm owned 167,049 shares of the company’s stock after acquiring an additional 38,239 shares during the period. Envestnet Asset Management Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $12,859,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LIT. Bank of America Corp DE increased its stake in shares of Global X Lithium & Battery Tech ETF by 79.5% during the 4th quarter. Bank of America Corp DE now owns 792,373 shares of the company’s stock worth $66,908,000 after purchasing an additional 350,971 shares in the last quarter. LPL Financial LLC increased its stake in shares of Global X Lithium & Battery Tech ETF by 20.1% during the 4th quarter. LPL Financial LLC now owns 946,090 shares of the company’s stock worth $79,888,000 after purchasing an additional 158,321 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $12,931,000. Destination Wealth Management grew its stake in Global X Lithium & Battery Tech ETF by 2,031.5% in the 4th quarter. Destination Wealth Management now owns 117,701 shares of the company’s stock worth $9,939,000 after acquiring an additional 112,179 shares during the period. Finally, Legend Financial Advisors Inc. grew its stake in Global X Lithium & Battery Tech ETF by 747.3% in the 4th quarter. Legend Financial Advisors Inc. now owns 112,610 shares of the company’s stock worth $9,509,000 after acquiring an additional 99,320 shares during the period.

Global X Lithium & Battery Tech ETF Stock Up 1.0 %

LIT stock opened at $75.93 on Friday. Global X Lithium & Battery Tech ETF has a one year low of $61.67 and a one year high of $97.13. The company has a 50 day moving average price of $73.17 and a two-hundred day moving average price of $72.96.

Global X Lithium & Battery Tech ETF Profile

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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.

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Want to see what other hedge funds are holding LIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Lithium & Battery Tech ETF (NYSEARCA:LITGet Rating).

Institutional Ownership by Quarter for Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

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