Armstrong Advisory Group Inc. Has $72,000 Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Armstrong Advisory Group Inc. increased its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 1,750.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,110 shares of the company’s stock after purchasing an additional 1,050 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $72,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in LIT. Moneta Group Investment Advisors LLC raised its position in shares of Global X Lithium & Battery Tech ETF by 114,670.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 6,338,765 shares of the company’s stock valued at $371,515,000 after purchasing an additional 6,333,242 shares during the period. UBS Group AG grew its position in shares of Global X Lithium & Battery Tech ETF by 15.1% in the first quarter. UBS Group AG now owns 681,445 shares of the company’s stock valued at $52,457,000 after purchasing an additional 89,402 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Global X Lithium & Battery Tech ETF by 4.0% in the first quarter. Envestnet Asset Management Inc. now owns 211,425 shares of the company’s stock valued at $13,436,000 after purchasing an additional 8,151 shares during the last quarter. Kraft Davis & Associates LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter valued at about $9,394,000. Finally, Jane Street Group LLC grew its position in shares of Global X Lithium & Battery Tech ETF by 630.9% in the fourth quarter. Jane Street Group LLC now owns 131,489 shares of the company’s stock valued at $7,707,000 after purchasing an additional 113,499 shares during the last quarter.

Global X Lithium & Battery Tech ETF Trading Up 1.1 %

LIT opened at $58.18 on Friday. Global X Lithium & Battery Tech ETF has a 1-year low of $56.15 and a 1-year high of $75.23. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 18.04 and a beta of 1.18. The business has a 50 day moving average of $61.99 and a 200-day moving average of $62.25.

Global X Lithium & Battery Tech ETF Company Profile

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.