Founders Capital Management Has $39,000 Stock Holdings in Global X Lithium & Battery Tech ETF $LIT

Founders Capital Management lessened its stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 39.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,015 shares of the company’s stock after selling 670 shares during the quarter. Founders Capital Management’s holdings in Global X Lithium & Battery Tech ETF were worth $39,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Lithium & Battery Tech ETF by 172.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,591 shares of the company’s stock worth $1,598,000 after buying an additional 25,689 shares during the last quarter. SG Americas Securities LLC raised its stake in Global X Lithium & Battery Tech ETF by 25.5% in the 1st quarter. SG Americas Securities LLC now owns 14,518 shares of the company’s stock worth $563,000 after purchasing an additional 2,953 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Global X Lithium & Battery Tech ETF by 41.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 8,911 shares of the company’s stock worth $363,000 after purchasing an additional 2,613 shares in the last quarter. NBC Securities Inc. raised its stake in Global X Lithium & Battery Tech ETF by 89,600.0% in the 1st quarter. NBC Securities Inc. now owns 897 shares of the company’s stock worth $34,000 after purchasing an additional 896 shares in the last quarter. Finally, Millennium Management LLC acquired a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter worth about $821,000.

Global X Lithium & Battery Tech ETF Stock Up 0.6%

Shares of Global X Lithium & Battery Tech ETF stock opened at $56.85 on Wednesday. Global X Lithium & Battery Tech ETF has a twelve month low of $31.44 and a twelve month high of $57.32. The company has a 50-day simple moving average of $47.69 and a two-hundred day simple moving average of $41.26. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 21.25 and a beta of 1.18.

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.