Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sets New 52-Week High – Time to Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) hit a new 52-week high during mid-day trading on Wednesday . The company 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 Stock Up 0.1%

The company has a market capitalization of $1.34 billion, a P/E ratio of 25.57 and a beta of 1.02. The firm’s 50-day moving average price is $88.97 and its 200 day moving average price is $85.46.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were issued a dividend of $0.2817 per share. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CATH. Gradient Investments LLC boosted its position in shares of Global X S&P 500 Catholic Values ETF by 1.8% during the second quarter. Gradient Investments LLC now owns 20,316 shares of the company’s stock valued at $1,798,000 after buying an additional 367 shares during the last quarter. NewEdge Advisors LLC raised its position in Global X S&P 500 Catholic Values ETF by 23.5% in the 1st quarter. NewEdge Advisors LLC now owns 5,187 shares of the company’s stock valued at $405,000 after buying an additional 988 shares during the last quarter. Security Financial Services INC. lifted its stake in Global X S&P 500 Catholic Values ETF by 15.5% during the 1st quarter. Security Financial Services INC. now owns 7,962 shares of the company’s stock valued at $622,000 after acquiring an additional 1,070 shares in the last quarter. Bank of America Corp DE lifted its stake in Global X S&P 500 Catholic Values ETF by 2.5% during the 1st quarter. Bank of America Corp DE now owns 442,550 shares of the company’s stock valued at $34,585,000 after acquiring an additional 10,637 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Global X S&P 500 Catholic Values ETF by 6.4% during the 1st quarter. Royal Bank of Canada now owns 73,559 shares of the company’s stock valued at $5,749,000 after acquiring an additional 4,443 shares in the last quarter.

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.