Global X Lithium & Battery Tech ETF $LIT Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the third quarter, Holdings Channel.com reports. The firm acquired 10,230 shares of the company’s stock, valued at approximately $700,000.

Other institutional investors have also made changes to their positions in the company. MADDEN SECURITIES Corp acquired a new stake in Global X Lithium & Battery Tech ETF in the 3rd quarter worth approximately $35,000. TD Waterhouse Canada Inc. grew its holdings in Global X Lithium & Battery Tech ETF by 18.9% during the second quarter. TD Waterhouse Canada Inc. now owns 1,453 shares of the company’s stock valued at $113,000 after purchasing an additional 231 shares during the last quarter. Fifth Third Bancorp acquired a new position in Global X Lithium & Battery Tech ETF during the first quarter valued at approximately $122,000. Concurrent Investment Advisors LLC acquired a new position in Global X Lithium & Battery Tech ETF during the second quarter valued at approximately $209,000. Finally, SG Americas Securities LLC bought a new position in shares of Global X Lithium & Battery Tech ETF in the first quarter valued at approximately $199,000.

Global X Lithium & Battery Tech ETF Stock Performance

Shares of Global X Lithium & Battery Tech ETF stock opened at $60.91 on Monday. The firm has a fifty day simple moving average of $67.80 and a 200-day simple moving average of $74.26. Global X Lithium & Battery Tech ETF has a 1-year low of $59.00 and a 1-year high of $91.98. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 21.25 and a beta of 1.03.

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. The Fund will normally invest at least 80% of its total assets in the securities of the Index and in depositary receipts based on the securities in the Index.