Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw unusually-high trading volume on Tuesday . Approximately 105,985 shares traded hands during mid-day trading, an increase of 180% from the previous session’s volume of 37,805 shares.The stock last traded at $82.3090 and had previously closed at $81.87.

Global X S&P 500 Catholic Values ETF Stock Performance

The stock has a 50-day moving average of $82.91 and a two-hundred day moving average of $81.52. The company has a market cap of $1.11 billion, a P/E ratio of 25.57 and a beta of 1.04.

Global X S&P 500 Catholic Values ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.4031 dividend. This represents a dividend yield of 97.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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

A number of institutional investors and hedge funds have recently bought and sold shares of CATH. Corient Private Wealth LLC lifted its stake in shares of Global X S&P 500 Catholic Values ETF by 134.2% in the fourth quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock worth $12,123,000 after buying an additional 84,490 shares in the last quarter. Cetera Investment Advisers boosted its stake in Global X S&P 500 Catholic Values ETF by 6.7% during the 4th quarter. Cetera Investment Advisers now owns 7,859 shares of the company’s stock valued at $646,000 after purchasing an additional 495 shares during the last quarter. Kovack Advisors Inc. bought a new stake in shares of Global X S&P 500 Catholic Values ETF in the 4th quarter worth $1,076,000. Aristotle Capital Management LLC raised its stake in shares of Global X S&P 500 Catholic Values ETF by 46.3% in the fourth quarter. Aristotle Capital Management LLC now owns 131,269 shares of the company’s stock worth $10,794,000 after purchasing an additional 41,519 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 20.6% during the fourth quarter. MML Investors Services LLC now owns 34,105 shares of the company’s stock valued at $2,804,000 after purchasing an additional 5,833 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.