Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Large Volume Increase – Here’s What Happened

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw an uptick in trading volume on Wednesday . 58,767 shares changed hands during trading, an increase of 55% from the previous session’s volume of 37,834 shares.The stock last traded at $82.30 and had previously closed at $81.79.

Global X S&P 500 Catholic Values ETF Stock Performance

The firm has a market cap of $1.11 billion, a PE ratio of 25.57 and a beta of 1.04. The stock has a 50-day simple moving average of $82.89 and a two-hundred day simple moving average of $81.65.

Global X S&P 500 Catholic Values ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $0.4031 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 97.0%.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Global X S&P 500 Catholic Values ETF by 4.5% in the 3rd quarter. Bank of America Corp DE now owns 565,866 shares of the company’s stock worth $45,868,000 after purchasing an additional 24,595 shares during the period. Truist Financial Corp raised its position in Global X S&P 500 Catholic Values ETF by 0.3% in the third quarter. Truist Financial Corp now owns 272,350 shares of the company’s stock worth $22,076,000 after acquiring an additional 771 shares during the period. CWM LLC boosted its stake in shares of Global X S&P 500 Catholic Values ETF by 1.2% during the 4th quarter. CWM LLC now owns 147,621 shares of the company’s stock worth $12,138,000 after acquiring an additional 1,751 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Global X S&P 500 Catholic Values ETF by 134.2% during the 4th quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock valued at $12,123,000 after acquiring an additional 84,490 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its position in shares of Global X S&P 500 Catholic Values ETF by 1.9% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 146,948 shares of the company’s stock valued at $12,083,000 after acquiring an additional 2,798 shares during the period.

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.