Centaurus Financial Inc. Sells 4,780 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Centaurus Financial Inc. lessened its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Get Rating) by 40.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,012 shares of the company’s stock after selling 4,780 shares during the quarter. Centaurus Financial Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Heritage Wealth Management LLC bought a new position in Global X Lithium & Battery Tech ETF in the second quarter worth $46,000. Trust Co. of Vermont raised its holdings in Global X Lithium & Battery Tech ETF by 1,286.3% in the third quarter. Trust Co. of Vermont now owns 707 shares of the company’s stock worth $46,000 after purchasing an additional 656 shares in the last quarter. Private Trust Co. NA raised its holdings in Global X Lithium & Battery Tech ETF by 195.3% in the third quarter. Private Trust Co. NA now owns 756 shares of the company’s stock worth $50,000 after purchasing an additional 500 shares in the last quarter. Advisors Preferred LLC bought a new position in Global X Lithium & Battery Tech ETF in the third quarter worth $52,000. Finally, Community Bank N.A. bought a new position in Global X Lithium & Battery Tech ETF in the third quarter worth $72,000.

Global X Lithium & Battery Tech ETF Trading Down 1.4 %

LIT opened at $58.55 on Friday. The stock has a fifty day simple moving average of $65.61 and a two-hundred day simple moving average of $66.98. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 18.04 and a beta of 1.08. Global X Lithium & Battery Tech ETF has a 12-month low of $57.56 and a 12-month high of $82.17.

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.