Lake Hills Wealth Management LLC Purchases Shares of 7,955 Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Lake Hills Wealth Management LLC acquired a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,955 shares of the company’s stock, valued at approximately $324,000.

A number of other large investors have also modified their holdings of LIT. SG Americas Securities LLC raised its holdings in Global X Lithium & Battery Tech ETF by 120.8% in the fourth quarter. SG Americas Securities LLC now owns 11,565 shares of the company’s stock valued at $472,000 after acquiring an additional 6,327 shares in the last quarter. Evolution Wealth Advisors LLC raised its holdings in shares of Global X Lithium & Battery Tech ETF by 58.2% in the 4th quarter. Evolution Wealth Advisors LLC now owns 14,030 shares of the company’s stock valued at $572,000 after purchasing an additional 5,160 shares in the last quarter. Pines Wealth Management LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 4th quarter worth $543,000. BCS Wealth Management lifted its position in shares of Global X Lithium & Battery Tech ETF by 44.7% during the 4th quarter. BCS Wealth Management now owns 7,450 shares of the company’s stock worth $304,000 after purchasing an additional 2,300 shares during the last quarter. Finally, Friedenthal Financial acquired a new position in shares of Global X Lithium & Battery Tech ETF during the fourth quarter worth $109,000.

Global X Lithium & Battery Tech ETF Price Performance

Global X Lithium & Battery Tech ETF stock opened at $41.58 on Thursday. The stock has a market cap of $1.48 billion, a PE ratio of 9.79 and a beta of 1.31. The stock’s fifty day moving average is $43.01 and its two-hundred day moving average is $41.15. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $49.12.

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.