Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Reaches New 52-Week High – Should You Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) shares reached a new 52-week high on Wednesday . The stock traded as high as $92.61 and last traded at $92.20, with a volume of 988 shares changing hands. The stock had previously closed at $92.03.

Global X S&P 500 Catholic Values ETF Price Performance

The stock’s 50-day moving average is $89.06 and its two-hundred day moving average is $85.60. The company has a market cap of $1.35 billion, a P/E ratio of 25.57 and a beta of 1.02.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The business also recently announced 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.

Hedge Funds Weigh In On Global X S&P 500 Catholic Values ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Assetmark Inc. increased its position in Global X S&P 500 Catholic Values ETF by 91.7% during the first quarter. Assetmark Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 200 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Global X S&P 500 Catholic Values ETF by 37.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock valued at $38,000 after purchasing an additional 152 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter valued at about $54,000. N.E.W. Advisory Services LLC increased its position in shares of Global X S&P 500 Catholic Values ETF by 93.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock valued at $69,000 after purchasing an additional 406 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter valued at about $154,000.

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.