PNC Financial Services Group Inc. Has $19.24 Million Stock Position in Global X Lithium & Battery Tech ETF $LIT

PNC Financial Services Group Inc. decreased its position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 296,697 shares of the company’s stock after selling 17,495 shares during the period. PNC Financial Services Group Inc. owned 1.27% of Global X Lithium & Battery Tech ETF worth $19,244,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LIT. TD Waterhouse Canada Inc. boosted its position in 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 valued at $38,000 after purchasing an additional 337 shares during the last quarter. AlphaCore Capital LLC boosted its position in 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 valued at $42,000 after purchasing an additional 500 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in Global X Lithium & Battery Tech ETF during the fourth quarter valued at $53,000. Picton Mahoney Asset Management boosted its position in 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 valued at $74,000 after purchasing an additional 400 shares during the last quarter. Finally, Allworth Financial LP boosted its position in 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 valued at $82,000 after purchasing an additional 542 shares during the last quarter.

Global X Lithium & Battery Tech ETF Trading Up 1.1%

LIT opened at $85.28 on Friday. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 21.25 and a beta of 1.03. 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 fifty day moving average price of $79.53 and a 200 day moving average price of $71.90.

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.