Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Stock Price Up 0.4% – Here’s Why

Shares of Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) shot up 0.4% during trading on Thursday . The company traded as high as $33.08 and last traded at $32.98. 8,583 shares were traded during trading, a decline of 36% from the average session volume of 13,486 shares. The stock had previously closed at $32.84.

Inspire Faithward Mid Cap Momentum ETF Stock Up 0.4%

The firm has a market cap of $74.21 million, a PE ratio of 18.98 and a beta of 0.89. The business has a 50 day simple moving average of $32.37 and a two-hundred day simple moving average of $30.91.

Institutional Investors Weigh In On Inspire Faithward Mid Cap Momentum ETF

Several hedge funds have recently modified their holdings of GLRY. OneAscent Financial Services LLC acquired a new stake in Inspire Faithward Mid Cap Momentum ETF during the fourth quarter valued at $4,146,000. Inspire Advisors LLC raised its stake in Inspire Faithward Mid Cap Momentum ETF by 192.4% during the first quarter. Inspire Advisors LLC now owns 177,280 shares of the company’s stock worth $5,117,000 after purchasing an additional 116,653 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the 1st quarter valued at approximately $586,000. Harbour Investments Inc. boosted its holdings in Inspire Faithward Mid Cap Momentum ETF by 115.6% in the fourth quarter. Harbour Investments Inc. now owns 12,462 shares of the company’s stock valued at $385,000 after purchasing an additional 6,681 shares during the period. Finally, Kiker Wealth Management LLC acquired a new position in Inspire Faithward Mid Cap Momentum ETF during the 4th quarter worth approximately $142,000. Hedge funds and other institutional investors own 72.93% of the company’s stock.

About Inspire Faithward Mid Cap Momentum ETF

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.