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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) shares saw strong trading volume on Thursday. 41,539 shares were traded during mid-day trading, a decline of 3% from the previous session’s volume of 42,751 shares. The stock last traded at $90.4970 and had previously closed at $90.68.

Global X S&P 500 Catholic Values ETF Price Performance

The company has a 50-day simple moving average of $90.81 and a 200-day simple moving average of $87.69. The stock has a market cap of $1.36 billion, a PE ratio of 25.57 and a beta of 1.02.

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

A number of large investors have recently made changes to their positions in CATH. Bank of America Corp DE boosted its stake in Global X S&P 500 Catholic Values ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 442,550 shares of the company’s stock worth $34,585,000 after buying an additional 10,637 shares during the last quarter. Corient Private Wealth LP raised its stake in shares of Global X S&P 500 Catholic Values ETF by 19.7% in the 2nd quarter. Corient Private Wealth LP now owns 161,371 shares of the company’s stock valued at $14,281,000 after acquiring an additional 26,561 shares during the period. Corient Private Wealth LLC boosted its position in Global X S&P 500 Catholic Values ETF by 134.2% during the 4th quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock worth $12,123,000 after purchasing an additional 84,490 shares during the period. Fort Washington Investment Advisors Inc. OH increased its holdings in Global X S&P 500 Catholic Values ETF by 2.7% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 150,948 shares of the company’s stock valued at $11,797,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in Global X S&P 500 Catholic Values ETF by 55.8% in the 1st quarter. Fifth Third Bancorp now owns 93,138 shares of the company’s stock valued at $7,279,000 after purchasing an additional 33,376 shares in the last quarter.

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.