Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Shares Up 0.8% – Still a Buy?

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY)’s stock price traded up 0.8% on Monday . The company traded as high as $32.12 and last traded at $32.12. 11,690 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 12,329 shares. The stock had previously closed at $31.85.

Inspire Faithward Mid Cap Momentum ETF Price Performance

The company has a 50 day simple moving average of $30.78 and a 200-day simple moving average of $30.27. The firm has a market cap of $65.20 million, a PE ratio of 14.54 and a beta of 0.82.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GLRY. OneAscent Financial Services LLC grew its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 242.9% in the first quarter. OneAscent Financial Services LLC now owns 74,680 shares of the company’s stock worth $2,244,000 after purchasing an additional 52,901 shares during the last quarter. PFG Advisors bought a new position in Inspire Faithward Mid Cap Momentum ETF in the 2nd quarter worth about $1,515,000. CWM LLC bought a new position in Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter valued at approximately $764,000. First Heartland Consultants Inc. purchased a new position in Inspire Faithward Mid Cap Momentum ETF in the 2nd quarter worth about $214,000. Finally, Inspire Advisors LLC boosted its holdings in Inspire Faithward Mid Cap Momentum ETF by 22.1% in the second quarter. Inspire Advisors LLC now owns 36,935 shares of the company’s stock worth $1,112,000 after purchasing an additional 6,678 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.