Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Trading 1.1% Higher

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY)’s stock price traded up 1.1% on Monday . The stock traded as high as $29.02 and last traded at $28.94. 4,829 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 12,618 shares. The stock had previously closed at $28.61.

Inspire Faithward Mid Cap Momentum ETF Price Performance

The firm’s 50 day moving average is $28.85 and its two-hundred day moving average is $26.85. The firm has a market capitalization of $57.88 million, a P/E ratio of 14.04 and a beta of 0.84.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its stake in Inspire Faithward Mid Cap Momentum ETF by 14.5% in the third quarter. Commonwealth Equity Services LLC now owns 10,851 shares of the company’s stock valued at $274,000 after purchasing an additional 1,372 shares in the last quarter. Inspire Advisors LLC raised its holdings in Inspire Faithward Mid Cap Momentum ETF by 12.4% in the 3rd quarter. Inspire Advisors LLC now owns 20,729 shares of the company’s stock valued at $523,000 after buying an additional 2,292 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in Inspire Faithward Mid Cap Momentum ETF by 1,732.4% in the 4th quarter. Silver Oak Securities Incorporated now owns 8,136 shares of the company’s stock valued at $217,000 after buying an additional 7,692 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new position in Inspire Faithward Mid Cap Momentum ETF in the 4th quarter valued at approximately $580,000.

Inspire Faithward Mid Cap Momentum ETF Company Profile

The Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks to maximize growth and outperform its benchmark by actively selecting US mid-cap stocks that are screened for their alignment in biblical values. GLRY was launched on Dec 7, 2020 and is managed by Inspire.