Hager Investment Management Services LLC Invests $66,000 in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Hager Investment Management Services LLC purchased a new stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,621 shares of the company’s stock, valued at approximately $66,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA purchased a new position in Global X Lithium & Battery Tech ETF during the fourth quarter worth about $31,000. BNP Paribas acquired a new position in Global X Lithium & Battery Tech ETF during the 3rd quarter worth approximately $44,000. Future Financial Wealth Managment LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF during the 3rd quarter worth approximately $44,000. Barclays PLC lifted its holdings in shares of Global X Lithium & Battery Tech ETF by 219.8% in the 3rd quarter. Barclays PLC now owns 2,072 shares of the company’s stock valued at $90,000 after buying an additional 1,424 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Global X Lithium & Battery Tech ETF by 50.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,592 shares of the company’s stock valued at $106,000 after buying an additional 864 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of LIT stock opened at $40.37 on Thursday. The business’s fifty day moving average price is $42.18 and its 200 day moving average price is $41.18. The firm has a market capitalization of $1.43 billion, a PE ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a 1-year low of $34.65 and a 1-year high of $49.12.

Global X Lithium & Battery Tech ETF 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.