Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sets New 12-Month High – Time to Buy?

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $87.11 and last traded at $87.11, with a volume of 63745 shares. The stock had previously closed at $86.30.

Global X S&P 500 Catholic Values ETF Stock Up 0.8%

The stock has a 50 day moving average of $81.60 and a 200 day moving average of $82.14. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 25.57 and a beta of 1.03.

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 stock. Geneos Wealth Management Inc. lifted its stake in shares of Global X S&P 500 Catholic Values ETF by 37.1% in the first quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock worth $38,000 after acquiring an additional 152 shares during the period. Avion Wealth acquired a new position in Global X S&P 500 Catholic Values ETF in the third quarter valued at approximately $48,000. International Assets Investment Management LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $54,000. N.E.W. Advisory Services LLC lifted its stake in Global X S&P 500 Catholic Values ETF by 93.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock valued at $69,000 after buying an additional 406 shares during the period. Finally, Sound Income Strategies LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $111,000.

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.