Private Advisor Group LLC Purchases 25,641 Shares of Global X U.S. Electrification ETF $ZAP

Private Advisor Group LLC lifted its position in Global X U.S. Electrification ETF (NASDAQ:ZAP) by 283.4% in the first quarter, Holdings Channel.com reports. The firm owned 34,688 shares of the company’s stock after purchasing an additional 25,641 shares during the quarter. Private Advisor Group LLC’s holdings in Global X U.S. Electrification ETF were worth $1,116,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Bensler LLC raised its holdings in shares of Global X U.S. Electrification ETF by 2.0% during the 4th quarter. Bensler LLC now owns 991,322 shares of the company’s stock valued at $28,808,000 after buying an additional 19,456 shares in the last quarter. Bank of America Corp DE boosted its stake in Global X U.S. Electrification ETF by 36,521.6% in the third quarter. Bank of America Corp DE now owns 457,038 shares of the company’s stock worth $13,492,000 after buying an additional 455,790 shares in the last quarter. LPL Financial LLC grew its position in Global X U.S. Electrification ETF by 43.8% during the fourth quarter. LPL Financial LLC now owns 383,837 shares of the company’s stock valued at $11,154,000 after acquiring an additional 116,864 shares during the last quarter. Savvy Advisors Inc. grew its position in Global X U.S. Electrification ETF by 350.0% during the fourth quarter. Savvy Advisors Inc. now owns 299,931 shares of the company’s stock valued at $8,716,000 after acquiring an additional 233,286 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Global X U.S. Electrification ETF by 113.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 190,000 shares of the company’s stock worth $5,521,000 after acquiring an additional 101,000 shares in the last quarter.

Global X U.S. Electrification ETF Stock Performance

Shares of ZAP opened at $33.66 on Tuesday. Global X U.S. Electrification ETF has a fifty-two week low of $26.50 and a fifty-two week high of $35.39. The firm has a market cap of $473.93 million, a price-to-earnings ratio of -336.60 and a beta of 0.53. The firm has a 50 day moving average price of $33.83 and a 200-day moving average price of $32.52.

Global X U.S. Electrification ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Monday, July 6th were given a dividend of $0.1684 per share. This represents a $0.67 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, July 6th. Global X U.S. Electrification ETF’s dividend payout ratio is presently -540.00%.

Global X U.S. Electrification ETF Company Profile

The Global X U.S. Electrification ETF (ZAP) is an exchange-traded fund that is based on the Global X US Electrification index. The fund tracks market-cap selected and weighted index of US listed companies in developed markets involved in the industry of electrification. This includes companies involved in conventional and alternative electricity, and smart grid technologies. ZAP was launched on Dec 17, 2024 and is issued by Global X.