Magnus Financial Group LLC Has $237,000 Stock Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Magnus Financial Group LLC cut its holdings in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 8.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,808 shares of the company’s stock after selling 502 shares during the quarter. Magnus Financial Group LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $237,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Whitcomb & Hess Inc. increased its stake in Global X Lithium & Battery Tech ETF by 4.8% during the third quarter. Whitcomb & Hess Inc. now owns 185,942 shares of the company’s stock valued at $8,105,000 after acquiring an additional 8,441 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Global X Lithium & Battery Tech ETF by 254.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 84,765 shares of the company’s stock valued at $3,603,000 after purchasing an additional 60,835 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Global X Lithium & Battery Tech ETF by 6.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 57,562 shares of the company’s stock valued at $2,234,000 after purchasing an additional 3,364 shares in the last quarter. Eagle Strategies LLC lifted its position in Global X Lithium & Battery Tech ETF by 30.1% in the third quarter. Eagle Strategies LLC now owns 36,862 shares of the company’s stock worth $1,607,000 after purchasing an additional 8,523 shares during the period. Finally, Armor Investment Advisors LLC boosted its stake in Global X Lithium & Battery Tech ETF by 30.0% during the third quarter. Armor Investment Advisors LLC now owns 35,489 shares of the company’s stock worth $1,547,000 after buying an additional 8,182 shares in the last quarter.

Global X Lithium & Battery Tech ETF Price Performance

Shares of Global X Lithium & Battery Tech ETF stock opened at $41.29 on Friday. The company’s fifty day moving average price is $42.91 and its two-hundred day moving average price is $41.15. The firm has a market capitalization of $1.46 billion, a PE ratio of 9.79 and a beta of 1.31. Global X Lithium & Battery Tech ETF has a 52-week low of $34.65 and a 52-week high of $49.12.

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.