Picton Mahoney Asset Management Lowers Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Picton Mahoney Asset Management reduced its position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 47.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 900 shares of the company’s stock after selling 800 shares during the period. Picton Mahoney Asset Management’s holdings in Global X Lithium & Battery Tech ETF were worth $37,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Union Bancaire Privee UBP SA purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter worth about $31,000. Realta Investment Advisors lifted its position in shares of Global X Lithium & Battery Tech ETF by 3,156.7% in the fourth quarter. Realta Investment Advisors now owns 977 shares of the company’s stock worth $40,000 after buying an additional 947 shares in the last quarter. BNP Paribas purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the third quarter worth about $44,000. Rothschild Investment LLC lifted its position in shares of Global X Lithium & Battery Tech ETF by 50.4% in the fourth quarter. Rothschild Investment LLC now owns 1,342 shares of the company’s stock worth $55,000 after buying an additional 450 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter worth about $57,000.

Global X Lithium & Battery Tech ETF Trading Up 2.5 %

NYSEARCA:LIT opened at $40.84 on Monday. The company has a market capitalization of $975.67 million, a P/E ratio of 26.06 and a beta of 1.18. Global X Lithium & Battery Tech ETF has a 12 month low of $34.65 and a 12 month high of $49.12. The business’s 50-day moving average is $41.17 and its 200 day moving average is $41.96.

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.