Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $30.80 and traded as high as $33.15. Inspire Faithward Mid Cap Momentum ETF shares last traded at $32.77, with a volume of 9,051 shares trading hands.

Inspire Faithward Mid Cap Momentum ETF Price Performance

The stock has a market cap of $66.53 million, a PE ratio of 14.54 and a beta of 0.82. The business has a 50 day moving average price of $31.62 and a two-hundred day moving average price of $30.80.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Creekmur Asset Management LLC raised its stake in 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 worth $42,000 after buying an additional 341 shares in the last quarter. First Heartland Consultants Inc. purchased a new position in shares of Inspire Faithward Mid Cap Momentum ETF during the 2nd quarter worth approximately $214,000. Synergy Asset Management LLC raised its position in shares of Inspire Faithward Mid Cap Momentum ETF by 21.2% in the 2nd quarter. Synergy Asset Management LLC now owns 11,036 shares of the company’s stock worth $332,000 after acquiring an additional 1,933 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of 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 valued at $424,000 after purchasing an additional 1,169 shares during the period. Finally, CWM LLC bought a new stake in shares of Inspire Faithward Mid Cap Momentum ETF during the third quarter valued at approximately $764,000.

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.