BCS Wealth Management Has $304,000 Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

BCS Wealth Management increased its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 44.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,450 shares of the company’s stock after purchasing an additional 2,300 shares during the period. BCS Wealth Management’s holdings in Global X Lithium & Battery Tech ETF were worth $304,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC bought a new stake in shares of Global X Lithium & Battery Tech ETF in the 2nd quarter worth about $29,000. Fairscale Capital LLC acquired a new position in Global X Lithium & Battery Tech ETF in the second quarter valued at about $35,000. BNP Paribas bought a new stake in Global X Lithium & Battery Tech ETF during the third quarter worth about $44,000. Future Financial Wealth Managment LLC bought a new stake in Global X Lithium & Battery Tech ETF during the third quarter worth about $44,000. Finally, Barclays PLC increased its holdings in shares of Global X Lithium & Battery Tech ETF by 219.8% during the third quarter. Barclays PLC now owns 2,072 shares of the company’s stock worth $90,000 after buying an additional 1,424 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of LIT opened at $41.17 on Wednesday. The company has a market capitalization of $1.46 billion, a P/E ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a one year low of $34.65 and a one year high of $49.12. The business’s 50 day simple moving average is $43.33 and its 200-day simple moving average is $41.07.

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.