January 25, 2025

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Truist Economic Corp Acquires New Shares in World wide X Lithium & Battery Tech ETF (NYSEARCA:LIT)

3 min read

Truist Monetary Corp acquired a new stake in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) during the 3rd quarter, according to its most current disclosure with the SEC. The institutional investor acquired 5,667 shares of the company’s stock, valued at approximately $227,000.

A quantity of other institutional traders and hedge cash also recently manufactured modifications to their positions in LIT. PNC Financial Services Group Inc. lifted its stake in Worldwide X Lithium & Battery Tech ETF by 45.4% throughout the 2nd quarter. PNC Monetary Solutions Team Inc. now owns 859,185 shares of the company’s inventory valued at $27,193,000 soon after getting an added 268,197 shares throughout the very last quarter. Morgan Stanley elevated its stake in World wide X Lithium & Battery Tech ETF by 106.3% in the course of the 1st quarter. Morgan Stanley now owns 135,096 shares of the company’s inventory valued at $2,933,000 following acquiring an further 69,623 shares for the duration of the previous quarter. Prudential PLC elevated its stake in World-wide X Lithium & Battery Tech ETF by 47.8% during the 3rd quarter. Prudential PLC now owns 186,390 shares of the company’s inventory valued at $7,465,000 immediately after shopping for an supplemental 60,290 shares throughout the very last quarter. LPL Economic LLC raised its stake in Global X Lithium & Battery Tech ETF by 36.4% throughout the 3rd quarter. LPL Fiscal LLC now owns 174,993 shares of the company’s stock valued at $7,008,000 immediately after getting an further 46,723 shares all through the very last quarter. Lastly, Raymond James & Associates improved its stake in shares of Global X Lithium & Battery Tech ETF by 206.6% in the 3rd quarter. Raymond James & Associates now owns 55,642 shares of the company’s inventory worth $2,228,000 soon after obtaining an supplemental 37,496 shares in the very last quarter.

Independently, Standpoint Analysis reduced World X Lithium & Battery Tech ETF from a “buy” ranking to a “hold” score in a investigation take note on Friday, December 11th.

Shares of LIT inventory opened at $59.24 on Friday. World X Lithium & Battery Tech ETF has a 52-7 days low of $17.83 and a 52-week higher of $59.94. The inventory has a fifty day basic moving ordinary of $52.64 and a two-hundred day simple going regular of $41.26.

World-wide X Lithium & Battery Tech ETF Profile

Global X Lithium ETF (the Fund) seeks to deliver financial commitment benefits that correspond commonly to the rate and produce effectiveness of the Solactive World Lithium Index (the Index). The Index is free of charge float modified, liquidity examined and sector capitalization-weighted index that is built to measure wide dependent equity marketplace functionality of international businesses concerned in the lithium marketplace, as defined by Structured Remedies AG.

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Want to see what other hedge money are keeping LIT? Take a look at HoldingsChannel.com to get the latest 13F filings and insider trades for World-wide X Lithium & Battery Tech ETF (NYSEARCA:LIT).

Institutional Ownership by Quarter for Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)



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