6,570 Shares in Global X Lithium & Battery Tech ETF $LIT Purchased by Fortis Group Advisors LLC

Fortis Group Advisors LLC bought a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 6,570 shares of the company’s stock, valued at approximately $460,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of LIT. TD Waterhouse Canada Inc. lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 103.4% during the third quarter. TD Waterhouse Canada Inc. now owns 663 shares of the company’s stock worth $38,000 after purchasing an additional 337 shares during the period. AlphaCore Capital LLC lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 333.3% during the fourth quarter. AlphaCore Capital LLC now owns 650 shares of the company’s stock worth $42,000 after purchasing an additional 500 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the fourth quarter worth about $53,000. Picton Mahoney Asset Management lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 44.4% during the third quarter. Picton Mahoney Asset Management now owns 1,300 shares of the company’s stock worth $74,000 after purchasing an additional 400 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 74.2% during the fourth quarter. Allworth Financial LP now owns 1,272 shares of the company’s stock worth $82,000 after purchasing an additional 542 shares during the period.

Global X Lithium & Battery Tech ETF Stock Up 1.1%

Global X Lithium & Battery Tech ETF stock opened at $84.38 on Friday. Global X Lithium & Battery Tech ETF has a 52 week low of $35.62 and a 52 week high of $91.98. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 21.25 and a beta of 1.03. The stock has a 50-day moving average price of $79.28 and a 200 day moving average price of $71.80.

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.