Savvy Advisors Inc. Invests $1.97 Million in Global X U.S. Electrification ETF $ZAP

Savvy Advisors Inc. bought a new position in shares of Global X U.S. Electrification ETF (NASDAQ:ZAP) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 66,645 shares of the company’s stock, valued at approximately $1,967,000. Savvy Advisors Inc. owned 0.78% of Global X U.S. Electrification ETF as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc increased its holdings in Global X U.S. Electrification ETF by 277.4% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,034 shares of the company’s stock worth $31,000 after buying an additional 760 shares during the period. Bank of America Corp DE acquired a new stake in shares of Global X U.S. Electrification ETF in the second quarter worth $34,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of Global X U.S. Electrification ETF in the third quarter worth $52,000. Osaic Holdings Inc. purchased a new position in shares of Global X U.S. Electrification ETF during the second quarter worth $140,000. Finally, Blair William & Co. IL acquired a new position in Global X U.S. Electrification ETF during the second quarter valued at $153,000.

Global X U.S. Electrification ETF Stock Performance

NASDAQ:ZAP opened at $32.09 on Friday. The firm’s fifty day moving average is $30.02 and its two-hundred day moving average is $29.55. The firm has a market cap of $310.31 million, a price-to-earnings ratio of -320.90 and a beta of 1.40. Global X U.S. Electrification ETF has a one year low of $22.16 and a one year high of $32.47.

Global X U.S. Electrification ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a $0.1484 dividend. The ex-dividend date was Tuesday, December 30th. This is a positive change from Global X U.S. Electrification ETF’s previous quarterly dividend of $0.10. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.9%. Global X U.S. Electrification ETF’s dividend payout ratio (DPR) is currently -520.00%.

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.