Ipsen Advisor Group LLC Acquires Shares of 34,697 Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Ipsen Advisor Group LLC acquired a new stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 34,697 shares of the company’s stock, valued at approximately $1,415,000. Global X Lithium & Battery Tech ETF comprises approximately 1.2% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 21st largest position. Ipsen Advisor Group LLC owned approximately 0.10% of Global X Lithium & Battery Tech ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC grew its holdings in Global X Lithium & Battery Tech ETF by 219.8% during the 3rd quarter. Barclays PLC now owns 2,072 shares of the company’s stock valued at $90,000 after purchasing an additional 1,424 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Global X Lithium & Battery Tech ETF by 32.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,322 shares of the company’s stock valued at $363,000 after buying an additional 2,024 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Global X Lithium & Battery Tech ETF in the fourth quarter worth approximately $252,000. SG Americas Securities LLC lifted its stake in shares of Global X Lithium & Battery Tech ETF by 120.8% during the 4th quarter. SG Americas Securities LLC now owns 11,565 shares of the company’s stock worth $472,000 after acquiring an additional 6,327 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Global X Lithium & Battery Tech ETF by 26.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,486 shares of the company’s stock valued at $152,000 after acquiring an additional 734 shares during the period.

Global X Lithium & Battery Tech ETF Stock Down 0.4 %

LIT stock opened at $40.65 on Wednesday. Global X Lithium & Battery Tech ETF has a twelve month low of $34.65 and a twelve month high of $49.12. The firm has a market cap of $971.13 million, a price-to-earnings ratio of 26.06 and a beta of 1.18. The business’s fifty day simple moving average is $41.22 and its two-hundred day simple moving average is $42.17.

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.