OneAscent Financial Services LLC Has $7.97 Million Stock Position in Inspire Faithward Mid Cap Momentum ETF $GLRY

OneAscent Financial Services LLC increased its position in shares of Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) by 47.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,160 shares of the company’s stock after acquiring an additional 68,856 shares during the quarter. Inspire Faithward Mid Cap Momentum ETF accounts for about 0.7% of OneAscent Financial Services LLC’s holdings, making the stock its 27th largest position. OneAscent Financial Services LLC owned approximately 0.08% of Inspire Faithward Mid Cap Momentum ETF worth $7,967,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in GLRY. Goldman Sachs Group Inc. acquired a new position in Inspire Faithward Mid Cap Momentum ETF in the 1st quarter worth approximately $586,000. Geneos Wealth Management Inc. raised its stake in Inspire Faithward Mid Cap Momentum ETF by 22.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,449 shares of the company’s stock valued at $71,000 after purchasing an additional 445 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the second quarter valued at $63,000. Cyndeo Wealth Partners LLC acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the second quarter worth $207,000. Finally, CWM LLC boosted its position in shares of Inspire Faithward Mid Cap Momentum ETF by 1.8% in the second quarter. CWM LLC now owns 24,692 shares of the company’s stock worth $813,000 after buying an additional 430 shares during the period. Hedge funds and other institutional investors own 72.93% of the company’s stock.

Inspire Faithward Mid Cap Momentum ETF Trading Down 0.7%

Shares of GLRY stock opened at $37.70 on Monday. The company has a market capitalization of $136.47 million, a price-to-earnings ratio of 18.98 and a beta of 0.96. Inspire Faithward Mid Cap Momentum ETF has a 1-year low of $25.24 and a 1-year high of $38.59. The stock’s fifty day simple moving average is $36.62 and its 200-day simple moving average is $35.85.

Inspire Faithward Mid Cap Momentum ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 17th were paid a dividend of $0.0079 per share. This represents a $0.03 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, December 17th.

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.