Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sets New 12-Month High – Still a Buy?

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) hit a new 52-week high during trading on Wednesday . The stock traded as high as $85.71 and last traded at $85.69, with a volume of 17275 shares trading hands. The stock had previously closed at $84.76.

Global X S&P 500 Catholic Values ETF Stock Performance

The company’s 50-day moving average is $81.21 and its 200 day moving average is $81.94. The company has a market capitalization of $1.21 billion, a PE ratio of 25.57 and a beta of 1.03.

Institutional Trading of Global X S&P 500 Catholic Values ETF

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings 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 acquiring an additional 152 shares during the last quarter. Avion Wealth purchased a new stake in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter valued at about $48,000. International Assets Investment Management LLC purchased 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 boosted its holdings 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 acquiring an additional 406 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter valued at about $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.