Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw strong trading volume on Thursday . 390,514 shares were traded during 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 Stock Performance

The firm has a fifty day simple moving average of $69.37 and a 200 day simple moving average of $66.58. The company has a market capitalization of $932.53 million, a PE ratio of 25.83 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. MBE Wealth Management LLC boosted its position in shares of 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. Comerica Bank boosted its position in shares of Global X S&P 500 Catholic Values ETF by 0.4% in the 1st quarter. Comerica Bank now owns 41,352 shares of the company’s stock worth $2,632,000 after purchasing an additional 165 shares in the last quarter. Advisor OS LLC boosted its position in shares of 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 worth $1,237,000 after purchasing an additional 201 shares in the last quarter. Bremer Bank National Association boosted its position in shares of Global X S&P 500 Catholic Values ETF by 0.5% in the 2nd quarter. Bremer Bank National Association now owns 39,916 shares of the company’s stock worth $2,611,000 after purchasing an additional 201 shares in the last quarter. Finally, Focus Financial Network Inc. boosted 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 worth $489,000 after purchasing an additional 225 shares in 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.