TAP Consulting LLC Purchases Shares of 10,433 Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

TAP Consulting LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) in the 4th quarter, Holdings Channel.com reports. The firm purchased 10,433 shares of the company’s stock, valued at approximately $531,000.

Several other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Global X Lithium & Battery Tech ETF by 75.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,520 shares of the company’s stock worth $20,097,000 after purchasing an additional 169,329 shares during the period. Touchstone Capital Inc. purchased a new position in shares of Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $1,391,000. Grimes & Company Inc. purchased a new position in shares of Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $1,208,000. Sowell Financial Services LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF in the 4th quarter worth approximately $1,080,000. Finally, Park Avenue Securities LLC purchased a new position in shares of Global X Lithium & Battery Tech ETF in the 3rd quarter worth approximately $972,000.

Global X Lithium & Battery Tech ETF Price Performance

Shares of Global X Lithium & Battery Tech ETF stock traded up $0.61 on Friday, reaching $42.81. The company had a trading volume of 219,281 shares, compared to its average volume of 519,209. Global X Lithium & Battery Tech ETF has a 1 year low of $39.26 and a 1 year high of $69.09. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 9.77 and a beta of 1.35. The firm’s 50-day moving average price is $44.59 and its two-hundred day moving average price is $46.54.

Global X Lithium & Battery Tech ETF Company 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.