JPMorgan Chase & Co. Raises Stock Holdings in Global X Lithium & Battery Tech ETF $LIT

JPMorgan Chase & Co. lifted its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 107.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,989 shares of the company’s stock after buying an additional 13,466 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.12% of Global X Lithium & Battery Tech ETF worth $1,478,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of LIT. Sei Investments Co. purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the second quarter worth approximately $240,000. Betterment LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the second quarter worth approximately $206,000. Ameriprise Financial Inc. raised its holdings in shares of Global X Lithium & Battery Tech ETF by 10.8% in the second quarter. Ameriprise Financial Inc. now owns 39,540 shares of the company’s stock worth $1,492,000 after buying an additional 3,839 shares during the period. BLVD Private Wealth LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the second quarter worth approximately $1,679,000. Finally, Total Investment Management Inc. purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the second quarter worth approximately $33,000.

Global X Lithium & Battery Tech ETF Stock Up 4.0%

LIT opened at $76.71 on Thursday. The stock’s fifty day moving average is $72.20 and its two-hundred day moving average is $66.30. The company has a market capitalization of $1.79 billion, a P/E ratio of 21.25 and a beta of 1.02. Global X Lithium & Battery Tech ETF has a 52 week low of $32.23 and a 52 week high of $78.00.

About Global X Lithium & Battery Tech ETF

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.