US Bancorp DE Sells 4,825 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

US Bancorp DE lowered its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 34.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 9,193 shares of the company’s stock after selling 4,825 shares during the quarter. US Bancorp DE’s holdings in Global X Lithium & Battery Tech ETF were worth $401,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the 2nd quarter valued at $29,000. MFA Wealth Advisors LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF in the second quarter valued at about $33,000. Rothschild Investment LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the second quarter valued at about $35,000. Fairscale Capital LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the second quarter worth about $35,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF in the third quarter worth about $44,000.

Global X Lithium & Battery Tech ETF Price Performance

LIT opened at $47.00 on Tuesday. Global X Lithium & Battery Tech ETF has a one year low of $34.65 and a one year high of $52.23. The business has a 50 day simple moving average of $41.54 and a two-hundred day simple moving average of $41.09. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31.

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.