Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 18,012 shares, a growth of 143.4% from the September 30th total of 7,401 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 22,025 shares, the short-interest ratio is currently 0.8 days.
Inspire Faithward Mid Cap Momentum ETF Stock Down 1.7%
Shares of GLRY stock traded down $0.64 during trading on Friday, hitting $36.56. The company had a trading volume of 19,734 shares, compared to its average volume of 22,378. The stock’s 50-day moving average is $38.11 and its two-hundred day moving average is $39.61. Inspire Faithward Mid Cap Momentum ETF has a 52 week low of $34.38 and a 52 week high of $43.79. The stock has a market capitalization of $155.38 million, a price-to-earnings ratio of 18.98 and a beta of 1.03.
Institutional Investors Weigh In On Inspire Faithward Mid Cap Momentum ETF
Hedge funds have recently bought and sold shares of the business. IFP Advisors Inc boosted its holdings in shares of Inspire Faithward Mid Cap Momentum ETF by 1,182.1% in the third quarter. IFP Advisors Inc now owns 8,885 shares of the company’s stock valued at $337,000 after purchasing an additional 8,192 shares during the period. Cyndeo Wealth Partners LLC boosted its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 6.6% in the third quarter. Cyndeo Wealth Partners LLC now owns 8,270 shares of the company’s stock worth $314,000 after buying an additional 509 shares during the last quarter. First Heartland Consultants Inc. acquired a new stake in Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter valued at $202,000. Citadel Advisors LLC acquired a new position in shares of Inspire Faithward Mid Cap Momentum ETF during the second quarter valued at approximately $451,000. Finally, Carlson Financial Inc. grew its position in shares of Inspire Faithward Mid Cap Momentum ETF by 5.2% in the second quarter. Carlson Financial Inc. now owns 29,767 shares of the company’s stock valued at $1,301,000 after purchasing an additional 1,467 shares in the last quarter. Hedge funds and other institutional investors own 72.93% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Inspire Faithward Mid Cap Momentum ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Inspire Faithward Mid Cap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inspire Faithward Mid Cap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
