PNC Financial Services Group Inc. lowered its position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) by 61.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,403 shares of the company’s stock after selling 182,294 shares during the quarter. PNC Financial Services Group Inc. owned 0.47% of Global X Lithium & Battery Tech ETF worth $8,506,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PFG Investments LLC grew its position in Global X Lithium & Battery Tech ETF by 2.8% during the 1st quarter. PFG Investments LLC now owns 5,203 shares of the company’s stock worth $387,000 after purchasing an additional 141 shares in the last quarter. Wealthspire Advisors LLC boosted its position in shares of Global X Lithium & Battery Tech ETF by 2.2% in the fourth quarter. Wealthspire Advisors LLC now owns 7,765 shares of the company’s stock worth $504,000 after buying an additional 168 shares during the period. Centaurus Financial Inc. boosted its position in shares of Global X Lithium & Battery Tech ETF by 4.1% in the third quarter. Centaurus Financial Inc. now owns 4,593 shares of the company’s stock worth $261,000 after buying an additional 181 shares during the period. Realta Investment Advisors grew its holdings in shares of Global X Lithium & Battery Tech ETF by 26.1% during the first quarter. Realta Investment Advisors now owns 1,231 shares of the company’s stock valued at $92,000 after buying an additional 255 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Global X Lithium & Battery Tech ETF by 11.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,836 shares of the company’s stock valued at $184,000 after buying an additional 299 shares in the last quarter.
Global X Lithium & Battery Tech ETF Stock Performance
NYSEARCA:LIT opened at $67.81 on Monday. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 21.25 and a beta of 1.02. Global X Lithium & Battery Tech ETF has a 1-year low of $40.41 and a 1-year high of $91.98. The business’s fifty day moving average price is $78.38 and its 200 day moving average price is $76.48.
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.
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