Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Stock Price Down 1.2% – What’s Next?

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) shares were down 1.2% during trading on Friday . The company traded as low as $31.10 and last traded at $31.24. Approximately 3,927 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 11,711 shares. The stock had previously closed at $31.63.

Inspire Faithward Mid Cap Momentum ETF Stock Down 1.2 %

The stock has a market cap of $63.42 million, a P/E ratio of 14.54 and a beta of 0.82. The firm has a 50 day moving average price of $31.96 and a 200 day moving average price of $31.14.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

A number of hedge funds have recently modified their holdings of the company. Creekmur Asset Management LLC lifted its position in shares of Inspire Faithward Mid Cap Momentum ETF by 34.7% in the third quarter. Creekmur Asset Management LLC now owns 1,325 shares of the company’s stock valued at $42,000 after acquiring an additional 341 shares in the last quarter. Synergy Asset Management LLC raised its stake in Inspire Faithward Mid Cap Momentum ETF by 21.2% during the 2nd quarter. Synergy Asset Management LLC now owns 11,036 shares of the company’s stock valued at $332,000 after purchasing an additional 1,933 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Inspire Faithward Mid Cap Momentum ETF by 9.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 14,072 shares of the company’s stock worth $424,000 after purchasing an additional 1,169 shares in the last quarter. CWM LLC bought a new position in Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter worth approximately $764,000. Finally, Inspire Advisors LLC raised its position in shares of Inspire Faithward Mid Cap Momentum ETF by 22.1% during the second quarter. Inspire Advisors LLC now owns 36,935 shares of the company’s stock valued at $1,112,000 after buying an additional 6,678 shares during the last quarter.

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.