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 unusually-high trading volume on Thursday . Approximately 390,514 shares traded hands during mid-day trading, an increase of 1,133% from the previous session’s volume of 31,663 shares.The stock last traded at $72.29 and had previously closed at $72.43.

Global X S&P 500 Catholic Values ETF Trading Down 0.3 %

The company has a market capitalization of $944.97 million, a price-to-earnings ratio of 25.83 and a beta of 1.01. The company has a fifty day moving average of $69.25 and a 200-day moving average of $66.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Fund Evaluation Group LLC lifted its holdings in Global X S&P 500 Catholic Values ETF by 2.8% in the second quarter. Fund Evaluation Group LLC now owns 397,928 shares of the company’s stock valued at $26,024,000 after acquiring an additional 10,909 shares during the last quarter. Truist Financial Corp lifted its holdings in Global X S&P 500 Catholic Values ETF by 119.3% in the second quarter. Truist Financial Corp now owns 207,382 shares of the company’s stock valued at $13,563,000 after acquiring an additional 112,807 shares during the last quarter. CWM LLC lifted its holdings in Global X S&P 500 Catholic Values ETF by 2.2% in the third quarter. CWM LLC now owns 116,823 shares of the company’s stock valued at $8,106,000 after acquiring an additional 2,522 shares during the last quarter. Commerce Bank lifted its holdings in Global X S&P 500 Catholic Values ETF by 3.4% in the third quarter. Commerce Bank now owns 92,555 shares of the company’s stock valued at $6,422,000 after acquiring an additional 3,040 shares during the last quarter. Finally, First Bank & Trust lifted its holdings in Global X S&P 500 Catholic Values ETF by 12.3% in the third quarter. First Bank & Trust now owns 89,562 shares of the company’s stock valued at $6,215,000 after acquiring an additional 9,840 shares during 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.