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

Shares of Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw unusually-high trading volume on Monday . Approximately 386,445 shares changed hands during trading, an increase of 638% from the previous session’s volume of 52,385 shares.The stock last traded at $67.36 and had previously closed at $69.34.

Global X S&P 500 Catholic Values ETF Trading Up 0.6 %

The stock has a market cap of $854.28 million, a PE ratio of 27.21 and a beta of 1.01. The business has a fifty day simple moving average of $71.91 and a two-hundred day simple moving average of $70.89.

Global X S&P 500 Catholic Values ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.4052 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Global X S&P 500 Catholic Values ETF

A number of hedge funds have recently modified their holdings of CATH. Tyler Stone Wealth Management lifted its position in Global X S&P 500 Catholic Values ETF by 122.4% during the 3rd quarter. Tyler Stone Wealth Management now owns 3,072 shares of the company’s stock valued at $213,000 after acquiring an additional 1,691 shares during the period. Joseph Group Capital Management boosted its position in shares of Global X S&P 500 Catholic Values ETF by 42.7% in the 3rd quarter. Joseph Group Capital Management now owns 5,560 shares of the company’s stock worth $386,000 after purchasing an additional 1,663 shares in the last quarter. Commerce Bank grew its stake in shares of Global X S&P 500 Catholic Values ETF by 3.4% in the 3rd quarter. Commerce Bank now owns 92,555 shares of the company’s stock worth $6,422,000 after buying an additional 3,040 shares during the last quarter. STAR Financial Bank purchased a new stake in shares of Global X S&P 500 Catholic Values ETF in the 3rd quarter worth approximately $253,000. Finally, Brown Brothers Harriman & Co. purchased a new position in Global X S&P 500 Catholic Values ETF during the third quarter valued at $216,000.

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.