Axxcess Wealth Management LLC Has $452,000 Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Axxcess Wealth Management LLC grew its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 78.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,086 shares of the company’s stock after buying an additional 4,888 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $452,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CX Institutional increased its stake in Global X Lithium & Battery Tech ETF by 9.1% in the fourth quarter. CX Institutional now owns 129,876 shares of the company’s stock valued at $5,296,000 after acquiring an additional 10,819 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Global X Lithium & Battery Tech ETF in the 4th quarter valued at approximately $2,453,000. Grimes & Company Inc. acquired a new position in shares of Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $2,448,000. Arrowroot Family Office LLC lifted its position in shares of Global X Lithium & Battery Tech ETF by 67.7% during the 3rd quarter. Arrowroot Family Office LLC now owns 21,730 shares of the company’s stock worth $947,000 after buying an additional 8,770 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in Global X Lithium & Battery Tech ETF in the 4th quarter valued at $736,000.

Global X Lithium & Battery Tech ETF Price Performance

Global X Lithium & Battery Tech ETF stock opened at $40.40 on Friday. The firm has a market capitalization of $965.16 million, a P/E ratio of 26.06 and a beta of 1.18. The stock has a fifty day moving average price of $41.23 and a two-hundred day moving average price of $42.03. 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.