PNC Financial Services Group Inc. Sells 7,220 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

PNC Financial Services Group Inc. cut its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 439,466 shares of the company’s stock after selling 7,220 shares during the quarter. PNC Financial Services Group Inc. owned 1.24% of Global X Lithium & Battery Tech ETF worth $17,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Rothschild Investment LLC boosted its holdings in shares of Global X Lithium & Battery Tech ETF by 50.4% in the 4th quarter. Rothschild Investment LLC now owns 1,342 shares of the company’s stock worth $55,000 after purchasing an additional 450 shares in the last quarter. Flagship Harbor Advisors LLC lifted its position in Global X Lithium & Battery Tech ETF by 9.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 7,987 shares of the company’s stock worth $326,000 after buying an additional 661 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Global X Lithium & Battery Tech ETF by 26.7% in the third quarter. Sunbelt Securities Inc. now owns 3,486 shares of the company’s stock worth $152,000 after buying an additional 734 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in Global X Lithium & Battery Tech ETF during the fourth quarter valued at approximately $31,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Global X Lithium & Battery Tech ETF by 50.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,592 shares of the company’s stock worth $106,000 after acquiring an additional 864 shares in the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of LIT opened at $39.85 on Tuesday. Global X Lithium & Battery Tech ETF has a fifty-two week low of $34.65 and a fifty-two week high of $49.12. The firm has a market cap of $983.50 million, a price-to-earnings ratio of 24.56 and a beta of 1.14. The firm has a 50 day moving average price of $41.20 and a 200-day moving average price of $41.88.

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.