Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sets New 1-Year High – Still a Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $73.39 and last traded at $73.39, with a volume of 2416 shares trading hands. The stock had previously closed at $73.31.

Global X S&P 500 Catholic Values ETF Stock Down 0.1 %

The stock has a market cap of $960.68 million, a P/E ratio of 25.83 and a beta of 1.01. The company’s 50 day moving average price is $70.72 and its 200-day moving average price is $67.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CATH. MML Investors Services LLC raised its position in shares of Global X S&P 500 Catholic Values ETF by 1.2% during the third quarter. MML Investors Services LLC now owns 38,750 shares of the company’s stock worth $2,689,000 after acquiring an additional 476 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Global X S&P 500 Catholic Values ETF during the 3rd quarter worth approximately $357,000. Brown Brothers Harriman & Co. acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the 3rd quarter worth approximately $216,000. STAR Financial Bank bought a new stake in shares of Global X S&P 500 Catholic Values ETF in the 3rd quarter valued at $253,000. Finally, Commerce Bank increased its position in shares of Global X S&P 500 Catholic Values ETF by 3.4% during the third quarter. Commerce Bank now owns 92,555 shares of the company’s stock worth $6,422,000 after buying an additional 3,040 shares during the period.

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.