Arrowroot Family Office LLC Purchases 8,770 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Arrowroot Family Office LLC increased its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 67.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,730 shares of the company’s stock after buying an additional 8,770 shares during the period. Arrowroot Family Office LLC owned 0.06% of Global X Lithium & Battery Tech ETF worth $947,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in LIT. Ashton Thomas Private Wealth LLC bought a new stake in Global X Lithium & Battery Tech ETF during the second quarter valued at approximately $29,000. Fairscale Capital LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF during the second quarter worth approximately $35,000. MFA Wealth Advisors LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter worth approximately $33,000. Rothschild Investment LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter valued at $35,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of Global X Lithium & Battery Tech ETF during the third quarter valued at about $44,000.

Global X Lithium & Battery Tech ETF Price Performance

Shares of LIT stock opened at $44.70 on Monday. The business has a 50-day moving average of $44.04 and a 200 day moving average of $41.11. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $52.23. The stock has a market capitalization of $1.59 billion, a PE ratio of 9.79 and a beta of 1.31.

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.