Mirae Asset Global Investments Co., Ltd.
Issuer Mirae Asset Global Investments Co., Ltd.
What companies make up the LIT ETF?
Top 10 Holdings (58.75% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| EVE Energy Co Ltd | 300014 | 5.81% |
| BYD Co Ltd Class H | 01211 | 5.23% |
| NAURA Technology Group Co Ltd | 002371 | 5.11% |
| Ganfeng Lithium Co Ltd | 002460 | 5.10% |
Is LIT ETF actively managed?
It’s not an actively managed fund. Rather, it aims to track the performance, before fees and expenses, of the Solactive Global Lithium Index.
Is LIT a good ETF to buy?
While the plain-vanilla fund gives broad exposure to the lithium industry, it manages to offer targeted, concentrated exposure with a micro-cap tilt. LIT is an excellent fit for investors looking for niche lithium exposure as an ETF. The index is reconstituted and rebalanced on an annual basis.
Is LIT a good buy?
It has an overall rating of “Strong Buy” with an “A” for Trade Grade, Buy & Hold Grade, and Peer Grade and a “B” for Industry Rank.
What companies are in LIT?
Top 10 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Albemarle Corp. | ALB | 11.15% |
| Tesla Inc. | TSLA | 5.81% |
| TDK Corp. | TTDKF | 5.62% |
| Contemporary Amperex Technology Co Ltd ORD | 300750 | 5.49% |
Does LIT pay a dividend?
The annual dividend for Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) is $0.18. Learn more on LIT’s annual dividend history.
What type of ETF is LIT?
Global X Lithium & Battery Tech ETF
The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index.
Will LIT ETF go up?
The price has been going up and down for this period, and there has been a -0.57% loss for the last 2 weeks.
Predicted Opening Price for GLOBAL X LITHIUM ETF GLOBAL X LITHIUM ETF of Monday, February 28, 2022.
| Fair opening price February 28, 2022 | Current price |
|---|---|
| $75.70 | $76.37 (Overvalued) |
Is LIT undervalued?
One potentially undervalued lithium stock is the A$39.5 million capped Lithium Australia (ASX:LIT).
Will LIT stock go up?
The LIT stock price can go up from 71.780 USD to 111.921 USD in one year.
Why is LIT ETF dropping?
Takeaway. The 20% fall in the Global X ETF’s price seems unwarranted. It results from a change in sentiment towards lithium producers and from the general weakness in Asian stock markets, where most battery manufacturers are listed.
What is the best lithium stock?
The Lithium & Battery Tech ETF: Top 10 stock holdings
| Holding No. | Company | 1-Year / 5-Year Returns |
|---|---|---|
| 1 | Albemarle (NYSE:ALB) | 29.2% / 167% |
| 2 | Tesla | 24.2% / 2,110% |
| 3 | TDK (OTC:TTDKY) | (28.8%) / 85.6% |
| 4 | EVE Energy* | 26% / 611% |
What will replace lithium batteries?
5 New Battery Technologies That Will Change the Future
- NanoBolt lithium tungsten batteries. Working on battery anode materials, researchers at N1 Technologies, Inc.
- Zinc-manganese oxide batteries.
- Organosilicon electrolyte batteries.
- Gold nanowire gel electrolyte batteries.
- TankTwo String Cell™ batteries.
What is Solactive Global lithium index?
The Solactive Global Lithium Index tracks the performance of the largest and most liquid listed companies active in exploration and/or mining of Lithium or the production of Lithium batteries. The index is calculated as a total return index in EUR and adjusted semi-annually.
What is QQQ dividend?
The current TTM dividend payout for Invesco QQQ (QQQ) as of February 25, 2022 is $1.70. The current dividend yield for Invesco QQQ as of February 25, 2022 is 0.50%.
What lithium stocks pay dividends?
Sustainable lithium stocks
| Ranking* | Company | Ticker |
|---|---|---|
| 1 | Rio Tinto plc (ADR) | RIO-N |
| 2 | Albemarle Corp. | ALB-N |
| 3 | Global X Lithium & Battery Tech ETF | LIT-N |
| 4 | Mineral Resources Ltd. (ADR) | MALRY-OTC |
Does Batt stock pay dividends?
BATT Dividend Information
BATT has a dividend yield of 2.65% and paid $0.42 per share in the past year. The dividend is paid once per year and the last ex-dividend date was Dec 29, 2021.
Is QuantumScape in an ETF?
QuantumScape is a development stage company.
QS Description — QuantumScape Corp.
| Company Name: | QuantumScape Corp |
|---|---|
| % of Market Cap. Held by ETFs: | 5.87% |
Why is LIT ETF up?
As demand for lithium has been steadily increasing to meet the demand for electric vehicles, the fund has rewarded early investors as the ETF is up over 100% in one year.
About LIT.
| Symbol | Last Price | % Chg |
|---|---|---|
| LITPre | 75.25 75.50 | -0.44% 0.33% |
Is Batt a good stock?
BATT is rated a 5 out of 5.
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