Sunbelt Securities Inc. Grows Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Sunbelt Securities Inc. grew its position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 26.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,486 shares of the company’s stock after purchasing an additional 734 shares during the quarter. Sunbelt Securities Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $152,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in LIT. Private Advisor Group LLC increased its holdings in shares of Global X Lithium & Battery Tech ETF by 0.7% in the second quarter. Private Advisor Group LLC now owns 91,685 shares of the company’s stock worth $3,558,000 after buying an additional 649 shares during the period. Magnus Financial Group LLC lifted its position in shares of Global X Lithium & Battery Tech ETF by 11.9% in the 3rd quarter. Magnus Financial Group LLC now owns 6,310 shares of the company’s stock worth $275,000 after purchasing an additional 672 shares during the period. Private Wealth Strategies L.L.C. lifted its holdings in Global X Lithium & Battery Tech ETF by 13.0% in the second quarter. Private Wealth Strategies L.L.C. now owns 6,388 shares of the company’s stock worth $248,000 after buying an additional 735 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF during the second quarter valued at approximately $29,000. Finally, Fairscale Capital LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter valued at $35,000.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of LIT opened at $43.76 on Friday. Global X Lithium & Battery Tech ETF has a fifty-two week low of $34.65 and a fifty-two week high of $52.23. The stock has a market cap of $1.55 billion, a PE ratio of 9.79 and a beta of 1.31. The firm’s 50-day simple moving average is $44.43 and its two-hundred day simple moving average is $41.10.

Global X Lithium & Battery Tech ETF 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.