|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.67 - 38.96|
|52 Week Range||24.23 - 40.79|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.76%|
The electric vehicle industry is scrambling to secure a supply of this key ingredient, one which is set to hit a full on supply squeeze
After dominating the sector fund universe for much of this year, techs and biotechs are being dethroned by energy and other industrials.
A lack of avenues into buying and selling lithium is an issue that has led some investors to believe a lithium futures contract might one day be possible.
While the Global X Lithium ETF (NYSEArca: LIT) recently succumbed to some profit-taking, the lone exchange traded fund dedicated to the lithium equity trade mostly kept its momentum in the third quarter. ...
Renewed interest in auto stocks and better technical trends prompted Ned Davis Research Group's sector strategist Pat Tschosik to issue an upgrade on the industry group, despite the fact that it has lagged the Standard & Poor's 500 by more than 40 percentage points from September 2013 to May 2017. In exchange-traded fund land, the options to get just auto stock exposure aren't great. First Trust Nasdaq Global Auto Index (CARZ) is tiny and doesn't provide broad exposure to the global automobile industry.
India stocks took a hit as the country's Finance Minister Arun Jaitley said India needed more private investment from local companies at the Bloomberg Economic Forum in Mumbai. The VanEck Vectors India Small-Cap Index ETF (SCIF) and the iShares MSCI India Small Cap ETF (SMIN) fell about 3% apiece, ranking among the worst-performing ETFs on Friday. Bloomberg's Anirban Nag reports: "How do you maintain the balancing act between continuing to spend in an economy, continue to maintain your banks and support them, and how do you maintain standard of fiscal prudence?" Jaitley said.
The electric car revolution has investors revved up on lithium stocks. Bloomberg Intelligence's Eric Balchunas recently noted that LIT was one of 10 ETFs that saw assets more than triple this year, even though the group's median expense ratio of 0.66% is right around the asset-weighted average expense ratio of a U.S. large-cap mutual fund. The $651 million Global X Lithium & Battery Tech ETF has soared 61.2% so far this year, outpacing the Standard & Poor's 500's 13.6%.
On September 15, Albemarle announced that it developed a new technology. The technology could help the company increase its lithium production in Chile.
The Global X Lithium & Battery Tech ETF (NYSE: LIT ) has been getting plenty of attention in recent weeks and rightfully so. LIT, the lone dedicated lithium equities exchange-traded fund, is seeing investors ...
ETFs may be gathering assets at a record pace, but not all funds are thriving. A record 42 exchange-traded funds are scheduled to close in September as issuers throw in the towel on products that failed to gain traction with investors.
Already one of this year's best-performing non-leveraged exchange traded funds, the Global X Lithium ETF (NYSEArca: LIT ) got a significant boost Monday when it gained about 5%, pushing its year-to-date ...
China said it will eventually ban the sale of fossil-fuel cars, boosting shares of Tesla and those of other companies the provide key materials for electric vehicles.
The growing popularity of electric-powered vehicles is fueling demand for lithium batteries and supporting the miners-related ETF. The Global X Lithium & Battery Tech ETF (NYSEArca: LIT ) , which tracks ...
Albemarle (ALB) has announced that it will pay its 3Q17 dividend on October 2, 2017. The dividend will be $0.32 per share on its outstanding shares.