Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Reaches New 1-Year High – Should You Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $85.71 and last traded at $85.69, with a volume of 17275 shares. The stock had previously closed at $84.76.

Global X S&P 500 Catholic Values ETF Stock Performance

The business has a 50-day moving average of $81.09 and a 200-day moving average of $81.89. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 25.57 and a beta of 1.03.

Institutional Trading of Global X S&P 500 Catholic Values ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. increased its position in shares of Global X S&P 500 Catholic Values ETF by 37.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock worth $38,000 after purchasing an additional 152 shares during the last quarter. Avion Wealth acquired a new position in Global X S&P 500 Catholic Values ETF in the 3rd quarter valued at about $48,000. International Assets Investment Management LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the 4th quarter valued at about $54,000. N.E.W. Advisory Services LLC grew its position in Global X S&P 500 Catholic Values ETF by 93.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock valued at $69,000 after acquiring an additional 406 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the 4th quarter valued at about $111,000.

Global X S&P 500 Catholic Values ETF Company Profile

The Global X S&P 500 Catholic Values ETF (CATH) is an exchange-traded fund that is based on the S&P 500 Catholic Values index. The fund tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. CATH was launched on Apr 18, 2016 and is managed by Global X.