Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Large Volume Increase – Should You Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) shares saw unusually-high trading volume on Monday . Approximately 44,527 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 43,070 shares.The stock last traded at $90.84 and had previously closed at $91.08.

Global X S&P 500 Catholic Values ETF Stock Down 0.2%

The company has a market cap of $1.32 billion, a P/E ratio of 25.57 and a beta of 1.02. The stock has a 50 day moving average price of $89.51 and a two-hundred day moving average price of $85.94.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were issued a $0.2817 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Sellwood Investment Partners LLC lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 2.0% during the first quarter. Sellwood Investment Partners LLC now owns 6,685 shares of the company’s stock worth $522,000 after purchasing an additional 131 shares during the period. Moneta Group Investment Advisors LLC increased its holdings in Global X S&P 500 Catholic Values ETF by 2.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,401 shares of the company’s stock valued at $444,000 after purchasing an additional 142 shares during the period. Geneos Wealth Management Inc. increased its holdings in Global X S&P 500 Catholic Values ETF by 37.1% in the first quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock valued at $38,000 after purchasing an additional 152 shares during the period. Cornerstone Management Inc. increased its holdings in Global X S&P 500 Catholic Values ETF by 2.0% in the first quarter. Cornerstone Management Inc. now owns 8,265 shares of the company’s stock valued at $646,000 after purchasing an additional 166 shares during the period. Finally, Pittenger & Anderson Inc. raised its position in Global X S&P 500 Catholic Values ETF by 6.7% during the 1st quarter. Pittenger & Anderson Inc. now owns 2,770 shares of the company’s stock worth $216,000 after purchasing an additional 175 shares during the last quarter.

About Global X S&P 500 Catholic Values ETF

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.