Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Stock Price Up 1.1%

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

Inspire Faithward Mid Cap Momentum ETF Price Performance

The business has a fifty day moving average of $28.93 and a 200 day moving average of $26.90. The stock has a market cap of $58.36 million, a price-to-earnings ratio of 14.04 and a beta of 0.84.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

Hedge funds have recently added to or reduced their stakes in the company. OneAscent Financial Services LLC bought a new stake in Inspire Faithward Mid Cap Momentum ETF during the fourth quarter worth approximately $580,000. Commonwealth Equity Services LLC boosted its position in Inspire Faithward Mid Cap Momentum ETF by 14.5% during the third quarter. Commonwealth Equity Services LLC now owns 10,851 shares of the company’s stock worth $274,000 after purchasing an additional 1,372 shares during the period. Inspire Advisors LLC boosted its position in Inspire Faithward Mid Cap Momentum ETF by 12.4% during the third quarter. Inspire Advisors LLC now owns 20,729 shares of the company’s stock worth $523,000 after purchasing an additional 2,292 shares during the period. Finally, Silver Oak Securities Incorporated boosted its position in Inspire Faithward Mid Cap Momentum ETF by 1,732.4% during the fourth quarter. Silver Oak Securities Incorporated now owns 8,136 shares of the company’s stock worth $217,000 after purchasing an additional 7,692 shares during the period.

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.