Lake Hills Wealth Management LLC Invests $324,000 in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Lake Hills Wealth Management LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,955 shares of the company’s stock, valued at approximately $324,000.

Several other institutional investors also recently added to or reduced their stakes in LIT. BNP Paribas acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the third quarter worth about $44,000. Future Financial Wealth Managment LLC acquired a new position in shares of Global X Lithium & Battery Tech ETF in the third quarter valued at approximately $44,000. Barclays PLC raised its stake in shares of Global X Lithium & Battery Tech ETF by 219.8% during the third quarter. Barclays PLC now owns 2,072 shares of the company’s stock worth $90,000 after purchasing an additional 1,424 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in Global X Lithium & Battery Tech ETF in the 3rd quarter valued at $108,000. Finally, Friedenthal Financial acquired a new position in Global X Lithium & Battery Tech ETF in the 4th quarter valued at $109,000.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of Global X Lithium & Battery Tech ETF stock opened at $41.58 on Thursday. The company has a market cap of $1.48 billion, a P/E ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a one year low of $34.65 and a one year high of $49.12. The firm has a fifty day moving average of $43.01 and a two-hundred day moving average of $41.15.

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.