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

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw unusually-high trading volume on Wednesday . Approximately 58,767 shares were traded during trading, an increase of 55% from the previous session’s volume of 37,834 shares.The stock last traded at $82.30 and had previously closed at $81.79.

Global X S&P 500 Catholic Values ETF Stock Performance

The firm has a 50-day moving average of $82.83 and a 200-day moving average of $81.66. The firm has a market capitalization of $1.10 billion, a P/E ratio of 25.57 and a beta of 1.04.

Global X S&P 500 Catholic Values ETF Dividend Announcement

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

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its holdings in shares of Global X S&P 500 Catholic Values ETF by 37.1% during the first 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 last quarter. Avion Wealth bought a new stake in Global X S&P 500 Catholic Values ETF in the 3rd quarter worth approximately $48,000. International Assets Investment Management LLC bought a new stake in Global X S&P 500 Catholic Values ETF in the 4th quarter worth approximately $54,000. N.E.W. Advisory Services LLC raised its stake in 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 buying an additional 406 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new position in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter valued at $111,000.

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.