Ashton Thomas Private Wealth LLC Acquires New Stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Ashton Thomas Private Wealth LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 754 shares of the company’s stock, valued at approximately $29,000.

A number of other large investors have also added to or reduced their stakes in the company. Whitcomb & Hess Inc. purchased a new position in shares of Global X Lithium & Battery Tech ETF in the first quarter worth about $7,634,000. Cetera Investment Advisers increased its holdings in Global X Lithium & Battery Tech ETF by 204.9% during the 1st quarter. Cetera Investment Advisers now owns 119,201 shares of the company’s stock valued at $5,399,000 after purchasing an additional 80,106 shares during the period. BNP Paribas Financial Markets increased its holdings in Global X Lithium & Battery Tech ETF by 77.7% during the 1st quarter. BNP Paribas Financial Markets now owns 71,325 shares of the company’s stock valued at $3,230,000 after purchasing an additional 31,176 shares during the period. Canal Insurance CO increased its holdings in Global X Lithium & Battery Tech ETF by 90.6% during the 2nd quarter. Canal Insurance CO now owns 63,100 shares of the company’s stock valued at $2,449,000 after purchasing an additional 30,000 shares during the period. Finally, MB Generational Wealth LLC purchased a new position in Global X Lithium & Battery Tech ETF during the 1st quarter valued at about $867,000.

Global X Lithium & Battery Tech ETF Price Performance

Shares of NYSEARCA:LIT opened at $37.28 on Tuesday. Global X Lithium & Battery Tech ETF has a 1 year low of $34.65 and a 1 year high of $57.88. The company has a market cap of $1.32 billion, a PE ratio of 9.79 and a beta of 1.31. The stock’s 50-day moving average is $37.73 and its 200 day moving average is $41.64.

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.