Creekmur Asset Management LLC Sells 903 Shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Creekmur Asset Management LLC lessened its stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 32.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,909 shares of the company’s stock after selling 903 shares during the quarter. Creekmur Asset Management LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $86,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MB Generational Wealth LLC bought a new stake in Global X Lithium & Battery Tech ETF during the first quarter worth about $867,000. Avantax Advisory Services Inc. lifted its holdings in Global X Lithium & Battery Tech ETF by 4.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 9,962 shares of the company’s stock worth $451,000 after purchasing an additional 425 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Global X Lithium & Battery Tech ETF by 11.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 12,525 shares of the company’s stock valued at $567,000 after purchasing an additional 1,328 shares during the period. Retirement Planning Co of New England Inc. grew its stake in shares of Global X Lithium & Battery Tech ETF by 20.4% in the first quarter. Retirement Planning Co of New England Inc. now owns 4,952 shares of the company’s stock valued at $224,000 after acquiring an additional 838 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in Global X Lithium & Battery Tech ETF by 20.6% during the first quarter. SG Americas Securities LLC now owns 19,349 shares of the company’s stock worth $876,000 after buying an additional 3,307 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

LIT traded down $0.89 on Thursday, hitting $38.28. 55,032 shares of the stock were exchanged, compared to its average volume of 451,994. Global X Lithium & Battery Tech ETF has a 12 month low of $37.92 and a 12 month high of $64.53. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31. The business has a 50-day moving average of $40.97 and a two-hundred day moving average of $43.12.

Global X Lithium & Battery Tech ETF 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.