Grimes & Company Inc. Purchases Shares of 60,026 Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Grimes & Company Inc. acquired a new position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 60,026 shares of the company’s stock, valued at approximately $2,448,000. Grimes & Company Inc. owned 0.17% of Global X Lithium & Battery Tech ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of LIT. Whitcomb & Hess Inc. increased its holdings in Global X Lithium & Battery Tech ETF by 4.8% in the 3rd quarter. Whitcomb & Hess Inc. now owns 185,942 shares of the company’s stock valued at $8,105,000 after purchasing an additional 8,441 shares in the last quarter. CX Institutional grew its stake in shares of Global X Lithium & Battery Tech ETF by 9.1% in the fourth quarter. CX Institutional now owns 129,876 shares of the company’s stock valued at $5,296,000 after buying an additional 10,819 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global X Lithium & Battery Tech ETF by 254.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 84,765 shares of the company’s stock valued at $3,603,000 after buying an additional 60,835 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Global X Lithium & Battery Tech ETF by 6.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 57,562 shares of the company’s stock worth $2,234,000 after acquiring an additional 3,364 shares in the last quarter. Finally, Eagle Strategies LLC boosted its holdings in Global X Lithium & Battery Tech ETF by 30.1% in the 3rd quarter. Eagle Strategies LLC now owns 36,862 shares of the company’s stock worth $1,607,000 after acquiring an additional 8,523 shares during the period.

Global X Lithium & Battery Tech ETF Price Performance

Shares of Global X Lithium & Battery Tech ETF stock opened at $41.49 on Friday. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $49.12. The company has a market capitalization of $1.47 billion, a PE ratio of 9.79 and a beta of 1.31. The business has a 50-day moving average of $42.79 and a 200-day moving average of $41.16.

Global X Lithium & Battery Tech ETF Company 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.