Raymond James & Associates Lowers Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Raymond James & Associates decreased its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Get Rating) by 4.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 104,295 shares of the company’s stock after selling 4,940 shares during the quarter. Raymond James & Associates’ holdings in Global X Lithium & Battery Tech ETF were worth $6,113,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of LIT. Citigroup Inc. grew its position in shares of Global X Lithium & Battery Tech ETF by 37.1% in the first quarter. Citigroup Inc. now owns 31,633 shares of the company’s stock valued at $2,434,000 after purchasing an additional 8,566 shares during the period. Cibc World Market Inc. lifted its position in shares of Global X Lithium & Battery Tech ETF by 0.8% in the first quarter. Cibc World Market Inc. now owns 33,048 shares of the company’s stock valued at $2,544,000 after acquiring an additional 259 shares in the last quarter. Blair William & Co. IL raised its stake in Global X Lithium & Battery Tech ETF by 16.0% in the 1st quarter. Blair William & Co. IL now owns 36,503 shares of the company’s stock valued at $2,810,000 after purchasing an additional 5,040 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Global X Lithium & Battery Tech ETF by 6.9% in the 1st quarter. Cetera Investment Advisers now owns 43,023 shares of the company’s stock valued at $3,312,000 after purchasing an additional 2,785 shares in the last quarter. Finally, Moors & Cabot Inc. boosted its stake in Global X Lithium & Battery Tech ETF by 10.0% during the 1st quarter. Moors & Cabot Inc. now owns 2,968 shares of the company’s stock worth $229,000 after purchasing an additional 269 shares during the last quarter.

Global X Lithium & Battery Tech ETF Trading Down 0.2 %

LIT opened at $62.86 on Monday. The firm’s 50-day moving average price is $61.16 and its 200 day moving average price is $64.28. Global X Lithium & Battery Tech ETF has a twelve month low of $57.56 and a twelve month high of $82.17. The firm has a market capitalization of $3.28 billion, a PE ratio of 18.04 and a beta of 1.18.

Global X Lithium & Battery Tech ETF Company 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.