PNC Financial Services Group Inc. Sells 34,768 Shares of Global X Lithium & Battery Tech ETF $LIT

PNC Financial Services Group Inc. lowered its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 10.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,192 shares of the company’s stock after selling 34,768 shares during the quarter. PNC Financial Services Group Inc. owned about 1.42% of Global X Lithium & Battery Tech ETF worth $17,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of LIT. Kilter Group LLC acquired a new position in Global X Lithium & Battery Tech ETF in the 2nd quarter worth approximately $26,000. Total Investment Management Inc. acquired a new position in shares of Global X Lithium & Battery Tech ETF in the second quarter worth about $33,000. TD Waterhouse Canada Inc. grew its position in shares of Global X Lithium & Battery Tech ETF by 103.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 663 shares of the company’s stock valued at $38,000 after acquiring an additional 337 shares during the period. Private Trust Co. NA purchased a new position in shares of Global X Lithium & Battery Tech ETF in the 3rd quarter valued at about $52,000. Finally, Global Retirement Partners LLC raised its holdings in Global X Lithium & Battery Tech ETF by 390.0% in the 3rd 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.

Global X Lithium & Battery Tech ETF Price Performance

Shares of LIT stock opened at $72.47 on Wednesday. Global X Lithium & Battery Tech ETF has a 1-year low of $31.44 and a 1-year high of $75.86. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 21.25 and a beta of 1.05. The stock has a 50 day simple moving average of $69.12 and a 200-day simple moving average of $60.06.

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.