Global X Lithium & Battery Tech ETF $LIT Shares Sold by Marshall Investment Management LLC

Marshall Investment Management LLC lowered its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 21.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,378 shares of the company’s stock after selling 9,466 shares during the quarter. Marshall Investment Management LLC owned about 0.15% of Global X Lithium & Battery Tech ETF worth $2,295,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. South Shore Capital Advisors purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 4th quarter worth about $616,000. Moran Wealth Management LLC grew its holdings in shares of Global X Lithium & Battery Tech ETF by 28.0% during the 4th quarter. Moran Wealth Management LLC now owns 31,812 shares of the company’s stock worth $2,063,000 after purchasing an additional 6,951 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 493.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,630 shares of the company’s stock worth $819,000 after purchasing an additional 10,500 shares during the period. IFG Advisory LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 3rd quarter worth about $1,329,000. Finally, Belpointe Asset Management LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the 3rd quarter worth about $607,000.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of NYSEARCA:LIT opened at $85.28 on Tuesday. Global X Lithium & Battery Tech ETF has a 1 year low of $35.62 and a 1 year high of $91.98. The stock has a market capitalization of $2.09 billion, a P/E ratio of 21.25 and a beta of 1.03. The stock has a 50-day simple moving average of $79.81 and a 200-day simple moving average of $72.15.

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. 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.