Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Hits New 1-Year High – What’s Next?

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

Global X S&P 500 Catholic Values ETF Price Performance

The stock has a market cap of $956.09 million, a price-to-earnings ratio of 25.83 and a beta of 1.01. The firm has a 50 day simple moving average of $70.25 and a two-hundred day simple moving average of $67.22.

Hedge Funds Weigh In On Global X S&P 500 Catholic Values ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. MML Investors Services LLC lifted its holdings in Global X S&P 500 Catholic Values ETF by 1.2% during the third quarter. MML Investors Services LLC now owns 38,750 shares of the company’s stock worth $2,689,000 after acquiring an additional 476 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the 3rd quarter valued at approximately $357,000. Brown Brothers Harriman & Co. acquired a new stake in Global X S&P 500 Catholic Values ETF during the 3rd quarter worth approximately $216,000. STAR Financial Bank acquired a new stake in Global X S&P 500 Catholic Values ETF during the 3rd quarter worth approximately $253,000. Finally, Commerce Bank lifted its stake 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 buying an additional 3,040 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.