Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Shares Down 1.2% – Should You Sell?

Shares of Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) fell 1.2% on Friday . The stock traded as low as $31.10 and last traded at $31.24. 3,927 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 11,711 shares. The stock had previously closed at $31.63.

Inspire Faithward Mid Cap Momentum ETF Stock Down 1.2 %

The stock’s 50 day moving average is $31.96 and its two-hundred day moving average is $31.15. The company has a market capitalization of $63.42 million, a PE ratio of 14.54 and a beta of 0.82.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

Large investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC grew its stake in Inspire Faithward Mid Cap Momentum ETF by 9.1% in the second 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 last quarter. Synergy Asset Management LLC grew 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 buying an additional 1,933 shares during the last quarter. PFG Advisors bought a new position in shares of Inspire Faithward Mid Cap Momentum ETF during the 2nd quarter worth approximately $1,515,000. Inspire Advisors LLC lifted its position in Inspire Faithward Mid Cap Momentum ETF by 22.1% during the second quarter. Inspire Advisors LLC now owns 36,935 shares of the company’s stock valued at $1,112,000 after acquiring an additional 6,678 shares during the last quarter. Finally, CWM LLC acquired a new stake in Inspire Faithward Mid Cap Momentum ETF in 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.