Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Strong Trading Volume – Still a Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) shares saw strong trading volume on Friday . 315,745 shares changed hands during mid-day trading, an increase of 667% from the previous session’s volume of 41,183 shares.The stock last traded at $87.39 and had previously closed at $87.44.

Global X S&P 500 Catholic Values ETF Stock Down 0.0%

The stock has a market cap of $1.23 billion, a P/E ratio of 25.57 and a beta of 1.02. The stock has a fifty day simple moving average of $87.96 and a 200-day simple moving average of $84.00.

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

A number of hedge funds have recently modified their holdings of CATH. Assetmark Inc. boosted its stake in Global X S&P 500 Catholic Values ETF by 91.7% during the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after acquiring an additional 200 shares during the last quarter. Geneos Wealth Management Inc. increased its stake 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 in the last quarter. International Assets Investment Management LLC bought a new stake in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $54,000. N.E.W. Advisory Services LLC raised its holdings in Global X S&P 500 Catholic Values ETF by 93.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock worth $69,000 after purchasing an additional 406 shares during the period. Finally, Sound Income Strategies LLC acquired a new stake in Global X S&P 500 Catholic Values ETF in the fourth quarter worth $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.