Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Trading Down 0.1% – Here’s What Happened

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) shares dropped 0.1% during mid-day trading on Monday . The stock traded as low as $32.15 and last traded at $32.15. Approximately 145,378 shares traded hands during mid-day trading, an increase of 513% from the average daily volume of 23,698 shares. The stock had previously closed at $32.18.

Inspire Faithward Mid Cap Momentum ETF Trading Down 0.1 %

The company has a market capitalization of $65.26 million, a price-to-earnings ratio of 14.54 and a beta of 0.82. The firm’s 50 day simple moving average is $31.93 and its 200-day simple moving average is $31.31.

Institutional Investors Weigh In On Inspire Faithward Mid Cap Momentum ETF

A number of institutional investors have recently added to or reduced their stakes in GLRY. Creekmur Asset Management LLC lifted its holdings in shares of Inspire Faithward Mid Cap Momentum ETF by 34.7% in the 3rd quarter. Creekmur Asset Management LLC now owns 1,325 shares of the company’s stock valued at $42,000 after buying an additional 341 shares during the period. CWM LLC purchased a new position in Inspire Faithward Mid Cap Momentum ETF in the third quarter worth $764,000. Finally, Inspire Advisors LLC raised its position in Inspire Faithward Mid Cap Momentum ETF by 166.2% in the third quarter. Inspire Advisors LLC now owns 98,336 shares of the company’s stock worth $3,092,000 after acquiring an additional 61,401 shares in 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.