Stonebridge Financial Group LLC Acquires New Shares in Global X Lithium & Battery Tech ETF $LIT

Stonebridge Financial Group LLC bought a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 287,311 shares of the company’s stock, valued at approximately $16,334,000. Global X Lithium & Battery Tech ETF makes up 1.4% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 17th biggest holding. Stonebridge Financial Group LLC owned approximately 1.27% of Global X Lithium & Battery Tech ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC increased its stake in shares of Global X Lithium & Battery Tech ETF by 1.9% during the 2nd quarter. Axxcess Wealth Management LLC now owns 13,398 shares of the company’s stock worth $514,000 after purchasing an additional 250 shares in the last quarter. CWM LLC increased its position in Global X Lithium & Battery Tech ETF by 11.9% during the third quarter. CWM LLC now owns 4,416 shares of the company’s stock worth $251,000 after buying an additional 468 shares in the last quarter. MFA Wealth Advisors LLC lifted its position in shares of Global X Lithium & Battery Tech ETF by 11.7% in the second quarter. MFA Wealth Advisors LLC now owns 6,064 shares of the company’s stock valued at $233,000 after acquiring an additional 636 shares in the last quarter. Kilter Group LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the second quarter valued at $26,000. Finally, Total Investment Management Inc. purchased a new stake in Global X Lithium & Battery Tech ETF during the 2nd quarter worth about $33,000.

Global X Lithium & Battery Tech ETF Price Performance

Shares of NYSEARCA LIT opened at $65.52 on Wednesday. The company has a market cap of $1.45 billion, a PE ratio of 21.25 and a beta of 1.05. Global X Lithium & Battery Tech ETF has a 12 month low of $31.44 and a 12 month high of $67.94. The company has a 50-day simple moving average of $62.83 and a 200-day simple moving average of $52.47.

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. The Fund will normally invest at least 80% of its total assets in the securities of the Index and in depositary receipts based on the securities in the Index.