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

Private Advisor Group LLC raised its holdings in shares of Global X U.S. Electrification ETF (NASDAQ:ZAP) by 283.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,688 shares of the company’s stock after buying an additional 25,641 shares during the quarter. Private Advisor Group LLC owned about 0.28% of Global X U.S. Electrification ETF worth $1,116,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in shares of Global X U.S. Electrification ETF by 247.4% in the 1st quarter. Jane Street Group LLC now owns 29,994 shares of the company’s stock valued at $739,000 after acquiring an additional 21,360 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Global X U.S. Electrification ETF during the second quarter worth about $205,000. Bank of America Corp DE bought a new position in shares of Global X U.S. Electrification ETF in the second quarter worth approximately $34,000. Osaic Holdings Inc. bought a new position in shares of Global X U.S. Electrification ETF in the second quarter worth approximately $140,000. Finally, Blair William & Co. IL raised its stake in Global X U.S. Electrification ETF by 888.0% in the third quarter. Blair William & Co. IL now owns 56,189 shares of the company’s stock valued at $1,659,000 after purchasing an additional 50,502 shares in the last quarter.

Global X U.S. Electrification ETF Price Performance

Shares of Global X U.S. Electrification ETF stock opened at $33.66 on Tuesday. Global X U.S. Electrification ETF has a 1 year low of $26.50 and a 1 year high of $35.39. The firm has a market cap of $473.93 million, a PE ratio of -336.60 and a beta of 0.53. The company has a 50 day simple moving average of $33.83 and a two-hundred day simple moving average of $32.52.

Global X U.S. Electrification ETF Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Monday, July 6th. This represents a $0.67 annualized dividend and a dividend yield of 2.0%. Global X U.S. Electrification ETF’s dividend payout ratio (DPR) is -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.