J.P. Morgan Private Wealth Advisors LLC Cuts Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

J.P. Morgan Private Wealth Advisors LLC lowered its position in Global X Lithium & Battery Tech ETF (NYSEARCA:LITFree Report) by 33.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,617 shares of the company’s stock after selling 9,671 shares during the quarter. J.P. Morgan Private Wealth Advisors LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $1,082,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LIT. Northwest Capital Management Inc acquired a new position in Global X Lithium & Battery Tech ETF in the second quarter valued at $30,000. 1832 Asset Management L.P. boosted its holdings in Global X Lithium & Battery Tech ETF by 1,512.9% in the second quarter. 1832 Asset Management L.P. now owns 500 shares of the company’s stock valued at $33,000 after acquiring an additional 469 shares during the last quarter. CGC Financial Services LLC acquired a new position in Global X Lithium & Battery Tech ETF in the second quarter valued at $33,000. First Horizon Advisors Inc. raised its position in Global X Lithium & Battery Tech ETF by 520.0% in the second quarter. First Horizon Advisors Inc. now owns 527 shares of the company’s stock valued at $34,000 after purchasing an additional 442 shares during the period. Finally, Resurgent Financial Advisors LLC purchased a new position in Global X Lithium & Battery Tech ETF in the fourth quarter valued at about $43,000.

Global X Lithium & Battery Tech ETF Price Performance

NYSEARCA:LIT opened at $42.52 on Tuesday. The business’s 50-day moving average is $46.42 and its two-hundred day moving average is $51.54. Global X Lithium & Battery Tech ETF has a 12 month low of $39.26 and a 12 month high of $69.59. The firm has a market capitalization of $2.15 billion, a PE ratio of 18.04 and a beta of 1.18.

About Global X Lithium & Battery Tech ETF

(Free Report)

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

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