Kraft Davis & Associates LLC Has $5.79 Million Position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

Kraft Davis & Associates LLC cut its holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 2.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 134,369 shares of the company’s stock after selling 3,500 shares during the quarter. Global X Lithium & Battery Tech ETF comprises approximately 1.7% of Kraft Davis & Associates LLC’s holdings, making the stock its 19th largest position. Kraft Davis & Associates LLC’s holdings in Global X Lithium & Battery Tech ETF were worth $5,787,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in LIT. Cetera Investment Advisers raised its holdings in Global X Lithium & Battery Tech ETF by 204.9% during the first quarter. Cetera Investment Advisers now owns 119,201 shares of the company’s stock valued at $5,399,000 after buying an additional 80,106 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Global X Lithium & Battery Tech ETF by 57.0% in the 2nd quarter. SG Americas Securities LLC now owns 30,378 shares of the company’s stock worth $1,179,000 after purchasing an additional 11,029 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Global X Lithium & Battery Tech ETF during the second quarter worth approximately $587,000. Whitcomb & Hess Inc. grew its holdings 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 purchasing an additional 8,441 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Global X Lithium & Battery Tech ETF in the second quarter valued at approximately $121,000.

Global X Lithium & Battery Tech ETF Price Performance

LIT stock opened at $45.21 on Wednesday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 9.79 and a beta of 1.31. The company has a 50-day moving average of $42.62 and a two-hundred day moving average of $41.15. Global X Lithium & Battery Tech ETF has a 52-week low of $34.65 and a 52-week high of $52.23.

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.