CIBC World Markets Inc. lifted its position in Global X Lithium ETF (NYSEARCA:LIT) by 53.1% during the 4th quarter, Holdings Channel reports. The firm owned 14,113 shares of the company’s stock after acquiring an additional 4,893 shares during the period. CIBC World Markets Inc.’s holdings in Global X Lithium ETF were worth $547,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of the company. Carroll Financial Associates Inc. bought a new position in shares of Global X Lithium ETF in the fourth quarter worth approximately $114,000. Ladenburg Thalmann Financial Services Inc. boosted its holdings in Global X Lithium ETF by 78.2% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,243 shares of the company’s stock valued at $458,000 after acquiring an additional 5,372 shares in the last quarter. First Allied Advisory Services Inc. bought a new stake in Global X Lithium ETF in the third quarter valued at $202,000. IFP Advisors Inc boosted its holdings in Global X Lithium ETF by 179.6% in the fourth quarter. IFP Advisors Inc now owns 10,234 shares of the company’s stock valued at $397,000 after acquiring an additional 6,574 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. bought a new stake in Global X Lithium ETF in the fourth quarter valued at $290,000.
Shares of Global X Lithium ETF (NYSEARCA:LIT) opened at $35.15 on Thursday. Global X Lithium ETF has a fifty-two week low of $25.81 and a fifty-two week high of $41.21.
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About Global X Lithium 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.
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