Royal Bank of Canada decreased its position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Get Rating) by 11.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 250,230 shares of the company’s stock after selling 32,008 shares during the quarter. Royal Bank of Canada owned approximately 0.43% of Global X Lithium & Battery Tech ETF worth $16,538,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of LIT. Renaissance Technologies LLC increased its position in Global X Lithium & Battery Tech ETF by 756.4% in the third quarter. Renaissance Technologies LLC now owns 47,100 shares of the company’s stock worth $3,113,000 after buying an additional 41,600 shares in the last quarter. One Capital Management LLC increased its position in Global X Lithium & Battery Tech ETF by 1.0% in the third quarter. One Capital Management LLC now owns 26,954 shares of the company’s stock worth $1,781,000 after buying an additional 277 shares in the last quarter. Herbst Group LLC increased its position in Global X Lithium & Battery Tech ETF by 1.5% in the third quarter. Herbst Group LLC now owns 28,287 shares of the company’s stock worth $1,869,000 after buying an additional 405 shares in the last quarter. Kovack Advisors Inc. purchased a new stake in Global X Lithium & Battery Tech ETF in the third quarter worth about $422,000. Finally, Psagot Value Holdings Ltd. Israel increased its position in Global X Lithium & Battery Tech ETF by 0.9% in the third quarter. Psagot Value Holdings Ltd. Israel now owns 24,208 shares of the company’s stock worth $1,600,000 after buying an additional 208 shares in the last quarter.
Global X Lithium & Battery Tech ETF Stock Down 0.6 %
Shares of LIT opened at $64.98 on Tuesday. The business has a 50-day simple moving average of $65.30 and a two-hundred day simple moving average of $67.97. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 18.04 and a beta of 1.08. Global X Lithium & Battery Tech ETF has a 52 week low of $57.56 and a 52 week high of $82.17.
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.
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