PNC Financial Services Group Inc. Has $8.51 Million Stock Holdings in Global X Lithium & Battery Tech ETF $LIT

PNC Financial Services Group Inc. decreased its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 61.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 114,403 shares of the company’s stock after selling 182,294 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X Lithium & Battery Tech ETF were worth $8,506,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of LIT. Nalls Sherbakoff Group LLC acquired a new stake in shares of Global X Lithium & Battery Tech ETF during the 4th quarter valued at $29,000. AlphaCore Capital LLC increased its stake in shares of Global X Lithium & Battery Tech ETF by 333.3% in the fourth quarter. AlphaCore Capital LLC now owns 650 shares of the company’s stock worth $42,000 after acquiring an additional 500 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the fourth quarter worth $53,000. Parallel Advisors LLC raised its holdings in shares of Global X Lithium & Battery Tech ETF by 58.9% during the fourth quarter. Parallel Advisors LLC now owns 985 shares of the company’s stock worth $64,000 after acquiring an additional 365 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in Global X Lithium & Battery Tech ETF by 7,453.3% during the fourth quarter. Root Financial Partners LLC now owns 1,133 shares of the company’s stock valued at $73,000 after purchasing an additional 1,118 shares during the last quarter.

Global X Lithium & Battery Tech ETF Stock Performance

LIT opened at $67.81 on Monday. The stock has a fifty day moving average price of $78.38 and a 200 day moving average price of $76.48. Global X Lithium & Battery Tech ETF has a 1 year low of $40.41 and a 1 year high of $91.98. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 21.25 and a beta of 1.02.

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. 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.