Inspire Advisors LLC trimmed its position in shares of Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY – Free Report) by 38.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,627 shares of the company’s stock after selling 37,709 shares during the quarter. Inspire Advisors LLC owned 2.99% of Inspire Faithward Mid Cap Momentum ETF worth $1,871,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Financial Advocates Investment Management acquired a new position in Inspire Faithward Mid Cap Momentum ETF during the fourth quarter worth about $216,000. Turning Point Benefit Group Inc. acquired a new position in Inspire Faithward Mid Cap Momentum ETF during the fourth quarter worth about $369,000. Finally, IFP Advisors Inc grew its position in Inspire Faithward Mid Cap Momentum ETF by 36.9% during the fourth quarter. IFP Advisors Inc now owns 10,107 shares of the company’s stock worth $312,000 after buying an additional 2,723 shares during the period.
Inspire Faithward Mid Cap Momentum ETF Trading Down 2.0 %
Shares of GLRY opened at $28.60 on Tuesday. The firm’s 50-day moving average is $31.36 and its two-hundred day moving average is $31.46. Inspire Faithward Mid Cap Momentum ETF has a twelve month low of $28.38 and a twelve month high of $33.15. The firm has a market capitalization of $71.50 million, a P/E ratio of 19.75 and a beta of 0.95.
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.
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