Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 28,709 shares, a growth of 110.8% from the April 15th total of 13,619 shares. Based on an average daily trading volume, of 32,575 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the shares of the company are sold short.
Institutional Investors Weigh In On Inspire Faithward Mid Cap Momentum ETF
A number of institutional investors and hedge funds have recently made changes to their positions in GLRY. OneAscent Financial Services LLC raised its holdings in shares of Inspire Faithward Mid Cap Momentum ETF by 47.4% in the third quarter. OneAscent Financial Services LLC now owns 214,160 shares of the company’s stock valued at $7,967,000 after buying an additional 68,856 shares during the last quarter. CWM LLC lifted its holdings in Inspire Faithward Mid Cap Momentum ETF by 244.3% in the 4th quarter. CWM LLC now owns 93,370 shares of the company’s stock valued at $3,345,000 after purchasing an additional 66,250 shares in the last quarter. Harbour Investments Inc. lifted its holdings in Inspire Faithward Mid Cap Momentum ETF by 1,205.9% in the 4th quarter. Harbour Investments Inc. now owns 46,596 shares of the company’s stock valued at $1,669,000 after purchasing an additional 43,028 shares in the last quarter. LPL Financial LLC lifted its holdings in Inspire Faithward Mid Cap Momentum ETF by 57.2% in the 4th quarter. LPL Financial LLC now owns 94,220 shares of the company’s stock valued at $3,375,000 after purchasing an additional 34,271 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new position in Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter valued at about $1,056,000. 72.93% of the stock is owned by hedge funds and other institutional investors.
Inspire Faithward Mid Cap Momentum ETF Price Performance
Shares of NYSEARCA:GLRY traded down $0.26 on Monday, reaching $40.09. The company’s stock had a trading volume of 6,702 shares, compared to its average volume of 25,463. The stock’s 50-day moving average is $39.33 and its two-hundred day moving average is $37.99. Inspire Faithward Mid Cap Momentum ETF has a 52-week low of $30.97 and a 52-week high of $41.90. The stock has a market capitalization of $152.34 million, a P/E ratio of 18.98 and a beta of 1.04.
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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