Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Hits New 1-Year High – Still a Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $89.77 and last traded at $89.66, with a volume of 5173 shares changing hands. The stock had previously closed at $89.09.

Global X S&P 500 Catholic Values ETF Stock Performance

The stock has a market cap of $1.26 billion, a P/E ratio of 25.57 and a beta of 1.03. The firm’s fifty day simple moving average is $83.58 and its 200-day simple moving average is $82.82.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in Global X S&P 500 Catholic Values ETF by 4.5% during the third quarter. Bank of America Corp DE now owns 565,866 shares of the company’s stock valued at $45,868,000 after acquiring an additional 24,595 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Global X S&P 500 Catholic Values ETF by 0.3% in the 3rd quarter. Truist Financial Corp now owns 272,350 shares of the company’s stock valued at $22,076,000 after purchasing an additional 771 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of Global X S&P 500 Catholic Values ETF by 2.7% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 150,948 shares of the company’s stock valued at $11,797,000 after purchasing an additional 4,000 shares during the period. CWM LLC boosted its position in shares of Global X S&P 500 Catholic Values ETF by 1.2% during the 4th quarter. CWM LLC now owns 147,621 shares of the company’s stock valued at $12,138,000 after purchasing an additional 1,751 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in shares of Global X S&P 500 Catholic Values ETF by 134.2% during the 4th quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock valued at $12,123,000 after purchasing an additional 84,490 shares in the last quarter.

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.