|Bid||14.790 x 800|
|Ask||14.850 x 1200|
|Day's Range||14.811 - 15.000|
|52 Week Range||14.350 - 15.780|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.00%|
The Global X Lithium & Battery Tech ETF (NYSEArca: LIT), which tracks the full lithium cycle from mining and refining through battery production, is tumbling this year after ranking as one 2017’s best-performing ...
As of June 6, New York-based Global X had $10.43 billion in combined assets under management across its lineup of exchange-traded funds (ETFs), making the company the 16th-largest U.S. ETF sponsor.
Electric vehicles are hitting the road, and the International Energy Agency, an advisory council to energy-consuming countries, projects the world will have 125 million electric cars by 2030. In a little more than two decades, electric vehicle, or EV, ownership will surge to about 125 million, supported by policies that encourage drivers, fleets and municipalities to purchase clean-running cars, CNBC reported. To put this in perspective, the IEA estimated in 2017 there were 3.1 million electric vehicles in use, up 54% from the previous year.
The Global X Autonomous & Electric Vehicles ETF (NASDAQ: DRIV) is just over a month old, but the latest exchange-traded fund tapping into the autonomous and electric vehicle themes is already gathering traction among investors. Several other autonomous and electric vehicle ETFs beat DRIV to market, but data indicate the Global X fund is carving out a niche for itself. “While still early in their development and adoption, autonomous and electric vehicles are rapidly advancing and appear poised to trigger the transportation industry’s largest shakeup in over a century,” according to Global X research.
Investors now have a new way to invest in the burgeoning electric car industry. Exchange-traded-fund provider Global X Funds has launched the Global X Autonomous & Electric Vehicles ETF ( DRIV), which tracks the Solactive Autonomous & Electric Vehicles Index. The companies in the fund are involved in the development or production of electric vehicles and self-driving vehicles. The electric car industry is getting a boost from increasingly tight regulations on gas-powered vehicles around the world.
Global X, an exchange traded fund provider known more for its targeted investment themes, has rolled out an autonomous and electric car strategy to help investors capitalize on the new direction in the ...
NEW YORK, April 17, 2018 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange traded funds (ETFs), announced today the listing of the Global X Autonomous & Electric Vehicles ETF (Nasdaq: DRIV). Designed to track the Solactive Autonomous & Electric Vehicles Index, the fund holds a basket of companies involved in the production or development of electric vehicles (EVs) and autonomous vehicles (AVs). This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.