Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Shares Up 1.3% – Here’s What Happened

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) traded up 1.3% on Tuesday . The stock traded as high as $42.25 and last traded at $42.03. 8,329 shares changed hands during trading, a decline of 67% from the average daily volume of 24,896 shares. The stock had previously closed at $41.51.

Inspire Faithward Mid Cap Momentum ETF Stock Up 1.3%

The company has a market capitalization of $171.06 million, a PE ratio of 18.98 and a beta of 1.02. The firm’s 50 day simple moving average is $41.77 and its 200 day simple moving average is $40.07.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Institutional investors have recently added to or reduced their stakes in the company. Valmark Advisers Inc. purchased a new position in Inspire Faithward Mid Cap Momentum ETF during the 4th quarter valued at $882,000. CWM LLC increased its stake in Inspire Faithward Mid Cap Momentum ETF by 244.3% in the fourth quarter. CWM LLC now owns 93,370 shares of the company’s stock worth $3,345,000 after purchasing an additional 66,250 shares during the period. Creative Financial Designs Inc. ADV increased its stake in Inspire Faithward Mid Cap Momentum ETF by 6.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 334,460 shares of the company’s stock worth $11,980,000 after purchasing an additional 19,586 shares during the period. Harbour Investments Inc. lifted its position in shares of Inspire Faithward Mid Cap Momentum ETF by 1,205.9% during the fourth quarter. Harbour Investments Inc. now owns 46,596 shares of the company’s stock worth $1,669,000 after purchasing an additional 43,028 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Inspire Faithward Mid Cap Momentum ETF by 156.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,095 shares of the company’s stock worth $147,000 after purchasing an additional 2,497 shares during the last quarter. Institutional investors own 72.93% of the company’s stock.

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.