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

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw unusually-strong trading volume on Monday . 75,600 shares traded hands during mid-day trading, an increase of 73% from the previous session’s volume of 43,635 shares.The stock last traded at $91.29 and had previously closed at $91.69.

Global X S&P 500 Catholic Values ETF Price Performance

The stock’s 50 day moving average price is $89.72 and its two-hundred day moving average price is $86.24. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 29th were issued a $0.2817 dividend. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its position 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 purchasing an additional 10,637 shares during the last quarter. HBK Sorce Advisory LLC acquired a new position in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter valued at about $1,986,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Global X S&P 500 Catholic Values ETF by 120.7% during the fourth 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 bought a new stake in shares of Global X S&P 500 Catholic Values ETF in the fourth quarter valued at about $2,223,000. Finally, 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 valued at $12,123,000 after buying an additional 84,490 shares during the period.

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.