Global X Lithium & Battery Tech ETF
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
43% more capital invested
Capital invested by funds: $279M [Q2] → $398M (+$119M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2.87% less ownership
Funds ownership: 21.74% [Q2] → 18.87% (-2.87%) [Q3]
5% less funds holding
Funds holding: 281 [Q2] → 268 (-13) [Q3]
29% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 45
45% less call options, than puts
Call options by funds: $20.6M | Put options by funds: $37.7M
58% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 107
Research analyst outlook
We haven’t received any recent analyst ratings for LIT.
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
LIT: Supply And Demand Are Indicating To Hold Tight
Cleaner energy investments, particularly in EVs powered by lithium-ion batteries, are gaining traction, making the lithium industry important to know for investors. Global X Lithium & Battery Tech ETF is down 12% YTD and over 53% since 2021, due to falling lithium demand and prices. Lithium market volatility and oversupply, coupled with potential policy changes, suggest holding off on investments until demand stabilizes.
Positive
Seeking Alpha
1 week ago
LIT: Buying Lithium At A Bargain
I am bullish on the LIT Global X Lithium & Battery Tech ETF and have initiated a long position. Despite potential market corrections, lithium's short-term tailwinds make it a compelling investment. Consensus is shifting towards a structural recovery for lithium, reinforcing my Buy rating for LIT.
Positive
ETF Trends
1 month ago
Tidal CEO Speaks on White-Label Platforms & Innovation in ETFs
Guillermo Trias, CEO of Tidal Financial, radiates energy and a seemingly ridiculous level of enthusiasm for everything he does — especially regarding ETFs. It might even be fair to label him the Energizer Bunny of the ETF world.
Neutral
Seeking Alpha
1 month ago
Lithium Miners News For The Month Of October 2024
Lithium prices were flat the past month. Lithium market news - The US government is reportedly examining price support mechanisms for domestic critical mineral projects. BloombergNEF forecasts lithium deficits may begin in 2025. Lithium company news - Arcadium Lithium confirms takeover offer from Rio Tinto. Bikita Minerals has shut down one of its production plants, citing weak global prices.
Neutral
ETF Trends
2 months ago
Future Mobility ETFs: Rerouting the Auto Industry
As an ex-future mobility research analyst, I spent a lot of time looking at financial statements and there was very little to see. New entrants in the space had no revenues (and if they had revenues then they had no profitability) and there was very little proof that they would hit their targets.
Negative
Seeking Alpha
3 months ago
LIT: Lithium Bear Market Likely Has No End In Sight
CATL and Arcadium recently announced plans to take lithium mines offline. China's deteriorating economic prospects risk negatively impacting lithium consumption. A global lithium supply glut shows no signs of abating in the months ahead in my view.
Positive
Kiplinger
1 month ago
6 Best Growth ETFs to Buy Now
The best growth ETFs offer exposure to higher-risk, higher-reward stocks while limiting the risk of a single stock torpedoing your returns.
Positive
InvestorPlace
4 months ago
Q3's Rising Stars: 7 Lithium Stocks for Your Must-Watch List
Lithium stocks to watch have been devastated. But with a good deal of “excessive pessimism” now priced in, it's time to buy.
Negative
Seeking Alpha
4 months ago
LIT: Continued Bearish Trends, Spotting A Long Play After The Q2 Earnings Season
EV vehicle prices continue to fall, indicative of bearish sentiment toward lithium producers in the Materials sector. Lithium-related stocks lag S&P 500 with Albemarle down 55%, though shares of Tesla are well off their 2024 low. LIT ETF offers exposure to lithium battery technology, but faces a poor technical situation and seasonal pressure.
Neutral
Seeking Alpha
4 months ago
LIT ETF: Fares Well Against BATT ETF, Maybe A Good Time To Take A Nibble
Global X Lithium & Battery Tech ETF is a $1.2bn product covering global stocks involved in lithium mining and battery technology. We juxtapose LIT against a close peer - BATT. We provide some commentary on the lithium market.
Charts implemented using Lightweight Charts™