Truist Financial Corp Increases Stock Position in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH)

Truist Financial Corp grew its stake in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) by 119.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,382 shares of the company’s stock after buying an additional 112,807 shares during the period. Truist Financial Corp owned approximately 1.54% of Global X S&P 500 Catholic Values ETF worth $13,563,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Pineridge Advisors LLC bought a new stake in Global X S&P 500 Catholic Values ETF during the fourth quarter worth about $39,000. Lynx Investment Advisory purchased a new stake in Global X S&P 500 Catholic Values ETF in the second quarter worth approximately $69,000. Shaker Investments LLC OH bought a new position in Global X S&P 500 Catholic Values ETF during the second quarter valued at approximately $200,000. Objective Capital Management LLC purchased a new position in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter worth approximately $217,000. Finally, Pioneer Wealth Management Group bought a new stake in shares of Global X S&P 500 Catholic Values ETF in the 2nd quarter worth approximately $227,000.

Global X S&P 500 Catholic Values ETF Stock Up 0.9 %

NASDAQ CATH opened at $69.12 on Friday. The company has a 50-day simple moving average of $66.72 and a two-hundred day simple moving average of $64.94. Global X S&P 500 Catholic Values ETF has a 12-month low of $49.89 and a 12-month high of $69.39. The firm has a market cap of $899.94 million, a price-to-earnings ratio of 25.83 and a beta of 1.01.

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.