Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Reaches New 1-Year High – Should You Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $91.11 and last traded at $91.11, with a volume of 7943 shares traded. The stock had previously closed at $90.28.

Global X S&P 500 Catholic Values ETF Trading Up 1.9%

The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02. The firm has a 50 day moving average price of $88.76 and a two-hundred day moving average price of $85.08.

Global X S&P 500 Catholic Values ETF Dividend Announcement

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

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

A number of institutional investors have recently added to or reduced their stakes in CATH. HBK Sorce Advisory LLC acquired a new stake in Global X S&P 500 Catholic Values ETF during the 4th quarter valued at $1,986,000. Northwestern Mutual Wealth Management Co. boosted its position in Global X S&P 500 Catholic Values ETF by 120.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 66,989 shares of the company’s stock valued at $5,508,000 after buying an additional 36,630 shares during the last quarter. Signet Private Wealth LLC acquired a new stake in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter valued at about $2,223,000. Fifth Third Bancorp grew its stake in shares of Global X S&P 500 Catholic Values ETF by 55.8% during the first quarter. Fifth Third Bancorp now owns 93,138 shares of the company’s stock valued at $7,279,000 after acquiring an additional 33,376 shares in the last quarter. Finally, Corient Private Wealth LLC increased its position in shares of Global X S&P 500 Catholic Values ETF by 134.2% during the fourth quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock worth $12,123,000 after acquiring an additional 84,490 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.