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Lion Street Advisors LLC purchased a new stake in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,604 shares of the company’s stock, valued at approximately $239,000. Several other institutional […]
Introduced in July 2010, the goal of the Global X Lithium & Battery Tech ETF (NYSE:LIT) is to mimic the performance of the Solactive Global Lithium Index.
(Bloomberg) -- Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp. Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel I
Gina Rinehart, the richest woman in Australia, has acquired a nearly 17% stake in Liontown Resources, threatening its takeover by Albemarle Corp. Rinehart's move is seen as a bet on the surging long-term demand for lithium amid the energy transition. However, Rinehart has not yet revealed her plans for the lithium miner, leaving shareholders with more questions than answers.
All Season Financial Advisors Inc. boosted its position in shares of Global X Lithium & Battery Tech ETF (NYSEARCA:LIT – Free Report) by 38.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,471 shares of the company’s stock after purchasing an additional 1,508 […]