Global X Lithium & Battery Tech ETF $LIT Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 76.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,130 shares of the company’s stock after selling 7,100 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X Lithium & Battery Tech ETF were worth $121,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kilter Group LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter worth about $26,000. Total Investment Management Inc. purchased a new stake in Global X Lithium & Battery Tech ETF in the second quarter valued at approximately $33,000. Private Trust Co. NA acquired a new position in Global X Lithium & Battery Tech ETF during the third quarter worth approximately $52,000. Global Retirement Partners LLC raised its stake in Global X Lithium & Battery Tech ETF by 390.0% during the third quarter. Global Retirement Partners LLC now owns 1,279 shares of the company’s stock worth $73,000 after purchasing an additional 1,018 shares during the period. Finally, MTM Investment Management LLC acquired a new position in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter valued at $77,000.

Global X Lithium & Battery Tech ETF Stock Up 4.5%

Shares of NYSEARCA LIT opened at $71.09 on Friday. The stock has a market capitalization of $1.67 billion, a PE ratio of 21.25 and a beta of 1.05. The firm has a fifty day moving average of $67.81 and a 200-day moving average of $58.39. Global X Lithium & Battery Tech ETF has a 52-week low of $31.44 and a 52-week high of $75.86.

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.