Savvy Advisors Inc. Has $8.72 Million Stock Holdings in Global X U.S. Electrification ETF $ZAP

Savvy Advisors Inc. boosted its position in Global X U.S. Electrification ETF (NASDAQ:ZAP) by 350.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 299,931 shares of the company’s stock after acquiring an additional 233,286 shares during the period. Savvy Advisors Inc. owned 3.15% of Global X U.S. Electrification ETF worth $8,716,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZAP. Balance Wealth LLC bought a new position in shares of Global X U.S. Electrification ETF in the 3rd quarter valued at about $1,944,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Global X U.S. Electrification ETF during the 3rd quarter worth approximately $626,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Global X U.S. Electrification ETF during the third quarter worth approximately $2,627,000. Bensler LLC bought a new stake in shares of Global X U.S. Electrification ETF during the third quarter worth approximately $28,689,000. Finally, Smith Moore & CO. acquired a new position in Global X U.S. Electrification ETF in the third quarter valued at approximately $784,000.

Global X U.S. Electrification ETF Stock Performance

Shares of ZAP stock opened at $32.60 on Friday. The firm’s 50 day moving average price is $32.12 and its two-hundred day moving average price is $30.68. Global X U.S. Electrification ETF has a 52-week low of $22.16 and a 52-week high of $33.47. The stock has a market cap of $375.55 million, a PE ratio of -326.00 and a beta of 1.40.

Global X U.S. Electrification ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, April 9th. Stockholders of record on Monday, April 6th will be given a $0.1266 dividend. The ex-dividend date is Monday, April 6th. Global X U.S. Electrification ETF’s dividend payout ratio (DPR) is currently -520.00%.

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.