Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Large Volume Increase – What’s Next?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) shares saw strong trading volume on Friday . 63,074 shares traded hands during trading, an increase of 64% from the previous session’s volume of 38,496 shares.The stock last traded at $82.51 and had previously closed at $81.83.

Global X S&P 500 Catholic Values ETF Price Performance

The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 25.57 and a beta of 1.04. The firm has a fifty day moving average of $81.88 and a 200 day moving average of $78.95.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

Several hedge funds have recently modified their holdings of CATH. Geneos Wealth Management Inc. raised its stake in shares of Global X S&P 500 Catholic Values ETF by 37.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock valued at $38,000 after acquiring an additional 152 shares during the period. Bridges Investment Management Inc. raised its position in Global X S&P 500 Catholic Values ETF by 4.1% in the second quarter. Bridges Investment Management Inc. now owns 4,216 shares of the company’s stock valued at $318,000 after purchasing an additional 165 shares during the period. Financial Advisory Corp lifted its stake in shares of Global X S&P 500 Catholic Values ETF by 0.7% during the third quarter. Financial Advisory Corp now owns 24,958 shares of the company’s stock worth $2,023,000 after purchasing an additional 175 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in shares of Global X S&P 500 Catholic Values ETF by 5.6% in the second quarter. Ameritas Advisory Services LLC now owns 3,433 shares of the company’s stock worth $259,000 after buying an additional 183 shares during the period. Finally, Financial Advocates Investment Management boosted its position in shares of Global X S&P 500 Catholic Values ETF by 4.7% in the second quarter. Financial Advocates Investment Management now owns 4,062 shares of the company’s stock worth $306,000 after buying an additional 183 shares during the period.

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.