Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Strong Trading Volume – Time to Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) shares saw an uptick in trading volume on Thursday . 82,102 shares were traded during mid-day trading, an increase of 170% from the previous session’s volume of 30,449 shares.The stock last traded at $70.22 and had previously closed at $70.84.

Global X S&P 500 Catholic Values ETF Trading Down 0.7 %

The company has a market capitalization of $961.98 million, a P/E ratio of 25.83 and a beta of 1.01. The company has a 50 day moving average price of $72.05 and a 200 day moving average price of $68.79.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th will be issued a $0.4052 dividend. The ex-dividend date of this dividend is Monday, December 30th.

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

Several hedge funds have recently added to or reduced their stakes in CATH. MBE Wealth Management LLC raised its stake in Global X S&P 500 Catholic Values ETF by 3.0% in the 3rd quarter. MBE Wealth Management LLC now owns 5,095 shares of the company’s stock worth $354,000 after purchasing an additional 150 shares in the last quarter. Advisor OS LLC increased its holdings in Global X S&P 500 Catholic Values ETF by 1.1% in the 2nd quarter. Advisor OS LLC now owns 18,914 shares of the company’s stock valued at $1,237,000 after buying an additional 201 shares during the period. Focus Financial Network Inc. raised its position in shares of Global X S&P 500 Catholic Values ETF by 3.3% in the 3rd quarter. Focus Financial Network Inc. now owns 7,054 shares of the company’s stock valued at $489,000 after buying an additional 225 shares in the last quarter. HHM Wealth Advisors LLC lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 7.6% during the 2nd quarter. HHM Wealth Advisors LLC now owns 4,561 shares of the company’s stock worth $298,000 after acquiring an additional 324 shares during the period. Finally, Financial Advocates Investment Management boosted its position in shares of Global X S&P 500 Catholic Values ETF by 13.5% during the 3rd quarter. Financial Advocates Investment Management now owns 3,701 shares of the company’s stock worth $257,000 after acquiring an additional 441 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.