Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Hits New 12-Month High – Here’s Why

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $88.56 and last traded at $88.56, with a volume of 2568 shares. The stock had previously closed at $88.45.

Global X S&P 500 Catholic Values ETF Stock Up 0.0%

The company’s fifty day simple moving average is $81.91 and its 200 day simple moving average is $82.29. The firm has a market capitalization of $1.24 billion, a PE ratio of 25.57 and a beta of 1.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Spartan Wealth Advisory Services LLC bought a new stake in shares of Global X S&P 500 Catholic Values ETF during the first quarter valued at approximately $381,000. Assetmark Inc. raised its holdings in Global X S&P 500 Catholic Values ETF by 91.7% in the first quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after purchasing an additional 200 shares in the last quarter. Pittenger & Anderson Inc. raised its holdings in Global X S&P 500 Catholic Values ETF by 6.7% in the first quarter. Pittenger & Anderson Inc. now owns 2,770 shares of the company’s stock worth $216,000 after purchasing an additional 175 shares in the last quarter. Fifth Third Bancorp lifted its position in 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 buying an additional 33,376 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new position in Global X S&P 500 Catholic Values ETF during the first quarter valued at $282,000.

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.