Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Hits New 52-Week High – Still a Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $73.22 and last traded at $73.22, with a volume of 1669 shares trading hands. The stock had previously closed at $72.66.

Global X S&P 500 Catholic Values ETF Price Performance

The firm has a fifty day moving average price of $70.04 and a two-hundred day moving average price of $67.08. The stock has a market capitalization of $951.77 million, a PE ratio of 25.83 and a beta of 1.01.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CATH. Truist Financial Corp increased its position in shares of Global X S&P 500 Catholic Values ETF by 119.3% during the second quarter. Truist Financial Corp now owns 207,382 shares of the company’s stock worth $13,563,000 after purchasing an additional 112,807 shares in the last quarter. Koss Olinger Consulting LLC acquired a new stake in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $2,949,000. Foundations Investment Advisors LLC acquired a new stake in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $758,000. Fund Evaluation Group LLC increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 2.8% in the 2nd 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. Finally, First Bank & Trust increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 12.3% in the 3rd 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.

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.