Axxcess Wealth Management LLC Sells 6,814 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Axxcess Wealth Management LLC lessened its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 50.5% in the first quarter, HoldingsChannel.com reports. The fund owned 6,669 shares of the company’s stock after selling 6,814 shares during the period. Axxcess Wealth Management LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $302,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Sowell Financial Services LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF during the 4th quarter valued at about $1,080,000. International Assets Investment Management LLC raised its holdings in shares of Global X Lithium & Battery Tech ETF by 10.4% during the 4th quarter. International Assets Investment Management LLC now owns 176,471 shares of the company’s stock valued at $8,989,000 after buying an additional 16,575 shares in the last quarter. Simplex Trading LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF during the 4th quarter valued at about $431,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Global X Lithium & Battery Tech ETF by 10.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 104,440 shares of the company’s stock valued at $5,320,000 after buying an additional 9,923 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of 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 buying an additional 31,176 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of Global X Lithium & Battery Tech ETF stock opened at $38.99 on Friday. The business’s 50 day simple moving average is $41.37 and its two-hundred day simple moving average is $43.30. The stock has a market capitalization of $1.38 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 $37.92 and a one year high of $66.84.

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.