148,190 Shares in Global X U.S. Electrification ETF $ZAP Bought by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC acquired a new position in Global X U.S. Electrification ETF (NASDAQ:ZAP) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 148,190 shares of the company’s stock, valued at approximately $4,766,000. Global X U.S. Electrification ETF makes up 1.5% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of Global X U.S. Electrification ETF by 36,521.6% during the 3rd quarter. Bank of America Corp DE now owns 457,038 shares of the company’s stock worth $13,492,000 after purchasing an additional 455,790 shares in the last quarter. Savvy Advisors Inc. increased its holdings in shares of Global X U.S. Electrification ETF by 350.0% in the 4th quarter. Savvy Advisors Inc. now owns 299,931 shares of the company’s stock valued at $8,716,000 after purchasing an additional 233,286 shares in the last quarter. MML Investors Services LLC acquired a new stake in shares of Global X U.S. Electrification ETF in the fourth quarter valued at about $4,736,000. LPL Financial LLC lifted its stake in shares of Global X U.S. Electrification ETF by 43.8% in the fourth quarter. LPL Financial LLC now owns 383,837 shares of the company’s stock valued at $11,154,000 after purchasing an additional 116,864 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in 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 buying an additional 101,000 shares in the last quarter.

Global X U.S. Electrification ETF Trading Up 0.6%

ZAP stock opened at $33.86 on Wednesday. The company’s 50-day moving average price is $33.82 and its 200 day moving average price is $32.55. Global X U.S. Electrification ETF has a 52 week low of $26.50 and a 52 week high of $35.39. The company has a market cap of $476.75 million, a P/E ratio of -338.60 and a beta of 0.53.

Global X U.S. Electrification ETF Announces Dividend

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

Global X U.S. Electrification ETF 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.