Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Shares Down 1.6%

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY)’s share price dropped 1.6% on Wednesday . The company traded as low as $30.83 and last traded at $30.83. Approximately 5,865 shares were traded during trading, a decline of 53% from the average daily volume of 12,570 shares. The stock had previously closed at $31.32.

Inspire Faithward Mid Cap Momentum ETF Price Performance

The stock has a market cap of $63.95 million, a PE ratio of 14.54 and a beta of 0.82. The stock has a 50-day moving average price of $30.26 and a two-hundred day moving average price of $29.05.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

Several institutional investors have recently added to or reduced their stakes in GLRY. Silver Oak Securities Incorporated increased its holdings in shares of 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 worth $217,000 after buying an additional 7,692 shares during the last quarter. OneAscent Financial Services LLC increased its stake in Inspire Faithward Mid Cap Momentum ETF by 242.9% during the first quarter. OneAscent Financial Services LLC now owns 74,680 shares of the company’s stock worth $2,244,000 after acquiring an additional 52,901 shares during the last quarter. First Heartland Consultants Inc. purchased a new stake in Inspire Faithward Mid Cap Momentum ETF during the second quarter valued at approximately $214,000. Finally, Inspire Advisors LLC lifted its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 8.0% in the 1st quarter. Inspire Advisors LLC now owns 30,257 shares of the company’s stock valued at $909,000 after purchasing an additional 2,252 shares during the last quarter.

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.