South Shore Capital Advisors Invests $616,000 in Global X Lithium & Battery Tech ETF $LIT

South Shore Capital Advisors acquired a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,500 shares of the company’s stock, valued at approximately $616,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. BLVD Private Wealth LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter worth approximately $1,679,000. Whitcomb & Hess Inc. lifted its position in shares of Global X Lithium & Battery Tech ETF by 7.8% during the 3rd quarter. Whitcomb & Hess Inc. now owns 206,915 shares of the company’s stock worth $11,763,000 after buying an additional 14,894 shares during the period. Belpointe Asset Management LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the 3rd quarter worth approximately $607,000. Stonebridge Financial Group LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the 3rd quarter worth approximately $16,334,000. Finally, Realta Investment Advisors bought a new position in shares of Global X Lithium & Battery Tech ETF during the 3rd quarter worth approximately $695,000.

Global X Lithium & Battery Tech ETF Price Performance

Global X Lithium & Battery Tech ETF stock opened at $73.12 on Tuesday. The company has a market capitalization of $1.70 billion, a PE ratio of 21.25 and a beta of 1.02. Global X Lithium & Battery Tech ETF has a one year low of $31.44 and a one year high of $78.00. The business has a 50 day simple moving average of $72.19 and a 200 day simple moving average of $66.08.

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.