Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC decreased its position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 143,555 shares of the company’s stock after selling 6,836 shares during the quarter. Global X Lithium & Battery Tech ETF accounts for approximately 2.2% of Kraft Davis & Associates LLC’s holdings, making the stock its 20th largest position. Kraft Davis & Associates LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $7,313,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its position in shares of Global X Lithium & Battery Tech ETF by 4.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 3,152 shares of the company’s stock worth $229,000 after acquiring an additional 127 shares in the last quarter. Equitable Holdings Inc. boosted its position in Global X Lithium & Battery Tech ETF by 1.8% during the 1st quarter. Equitable Holdings Inc. now owns 9,270 shares of the company’s stock valued at $714,000 after purchasing an additional 162 shares during the period. Dynamic Advisor Solutions LLC boosted its position in Global X Lithium & Battery Tech ETF by 4.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 4,896 shares of the company’s stock valued at $270,000 after purchasing an additional 192 shares during the period. Smithfield Trust Co boosted its position in Global X Lithium & Battery Tech ETF by 25.8% during the 3rd quarter. Smithfield Trust Co now owns 1,179 shares of the company’s stock valued at $66,000 after purchasing an additional 242 shares during the period. Finally, National Bank of Canada FI boosted its position in Global X Lithium & Battery Tech ETF by 1.8% during the 3rd quarter. National Bank of Canada FI now owns 14,821 shares of the company’s stock valued at $799,000 after purchasing an additional 258 shares during the period.

Global X Lithium & Battery Tech ETF Price Performance

NYSEARCA:LIT traded down $0.49 during midday trading on Friday, reaching $42.42. 418,562 shares of the company traded hands, compared to its average volume of 524,167. Global X Lithium & Battery Tech ETF has a twelve month low of $39.26 and a twelve month high of $69.09. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 9.77 and a beta of 1.35. The company has a fifty day moving average price of $44.57 and a 200 day moving average price of $46.82.

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.