B. Riley Wealth Advisors Inc. grew its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Get Rating) by 246.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,583 shares of the company’s stock after purchasing an additional 25,313 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $2,353,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of LIT. Flow Traders U.S. LLC purchased a new position in Global X Lithium & Battery Tech ETF during the 2nd quarter valued at about $333,000. Brookstone Capital Management lifted its position in Global X Lithium & Battery Tech ETF by 6.3% during the 3rd quarter. Brookstone Capital Management now owns 4,703 shares of the company’s stock valued at $308,000 after acquiring an additional 280 shares during the period. Sigma Planning Corp lifted its position in Global X Lithium & Battery Tech ETF by 14.8% during the 2nd quarter. Sigma Planning Corp now owns 18,255 shares of the company’s stock valued at $1,326,000 after acquiring an additional 2,352 shares during the period. Axxcess Wealth Management LLC lifted its position in Global X Lithium & Battery Tech ETF by 14.7% during the 2nd quarter. Axxcess Wealth Management LLC now owns 7,610 shares of the company’s stock valued at $553,000 after acquiring an additional 973 shares during the period. Finally, Kovack Advisors Inc. purchased a new position in Global X Lithium & Battery Tech ETF during the 3rd quarter valued at about $422,000.
Global X Lithium & Battery Tech ETF Stock Performance
Shares of Global X Lithium & Battery Tech ETF stock opened at $58.55 on Friday. The stock has a market capitalization of $3.14 billion, a PE ratio of 18.04 and a beta of 1.08. Global X Lithium & Battery Tech ETF has a 52-week low of $57.56 and a 52-week high of $82.17. The company has a 50-day simple moving average of $65.61 and a two-hundred day simple moving average of $67.04.
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.
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