Money Design Co. Ltd. Lowers Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Money Design Co. Ltd. trimmed its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 18.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,753 shares of the company’s stock after selling 10,017 shares during the period. Money Design Co. Ltd. owned 0.13% of Global X Lithium & Battery Tech ETF worth $1,859,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Flagship Harbor Advisors LLC boosted its holdings in shares of Global X Lithium & Battery Tech ETF by 9.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 7,987 shares of the company’s stock valued at $326,000 after purchasing an additional 661 shares during the last quarter. Magnus Financial Group LLC boosted its stake in Global X Lithium & Battery Tech ETF by 11.9% during the third quarter. Magnus Financial Group LLC now owns 6,310 shares of the company’s stock valued at $275,000 after buying an additional 672 shares during the last quarter. Sunbelt Securities Inc. grew 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 buying an additional 734 shares in the last quarter. Union Bancaire Privee UBP SA bought a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. increased its stake in Global X Lithium & Battery Tech ETF by 50.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,592 shares of the company’s stock worth $106,000 after acquiring an additional 864 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

NYSEARCA LIT opened at $40.67 on Wednesday. The stock has a 50 day moving average price of $42.64 and a 200-day moving average price of $41.18. Global X Lithium & Battery Tech ETF has a one year low of $34.65 and a one year high of $49.12. The company has a market capitalization of $1.44 billion, a P/E 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.