Faithward Advisors LLC Lowers Stock Holdings in Inspire Faithward Mid Cap Momentum ETF $GLRY

Faithward Advisors LLC trimmed its position in Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 766,610 shares of the company’s stock after selling 12,292 shares during the quarter. Inspire Faithward Mid Cap Momentum ETF accounts for 4.0% of Faithward Advisors LLC’s holdings, making the stock its 2nd biggest holding. Faithward Advisors LLC owned 0.21% of Inspire Faithward Mid Cap Momentum ETF worth $27,460,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GLRY. CWM LLC grew 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 buying an additional 66,250 shares in the last quarter. Harbour Investments Inc. increased its stake in Inspire Faithward Mid Cap Momentum ETF by 1,205.9% during the 4th quarter. Harbour Investments Inc. now owns 46,596 shares of the company’s stock worth $1,669,000 after acquiring an additional 43,028 shares during the period. LPL Financial LLC increased its stake in Inspire Faithward Mid Cap Momentum ETF by 57.2% during the 4th quarter. LPL Financial LLC now owns 94,220 shares of the company’s stock worth $3,375,000 after acquiring an additional 34,271 shares during the period. Valmark Advisers Inc. bought a new position in Inspire Faithward Mid Cap Momentum ETF during the 4th quarter worth $882,000. Finally, Goldman Sachs Group Inc. bought a new position in Inspire Faithward Mid Cap Momentum ETF during the 1st quarter worth $586,000. 72.93% of the stock is owned by institutional investors and hedge funds.

Inspire Faithward Mid Cap Momentum ETF Price Performance

Inspire Faithward Mid Cap Momentum ETF stock opened at $42.87 on Tuesday. The stock’s fifty day moving average price is $40.89 and its two-hundred day moving average price is $38.74. Inspire Faithward Mid Cap Momentum ETF has a one year low of $31.95 and a one year high of $43.29. The firm has a market cap of $162.91 million, a PE ratio of 18.98 and a beta of 1.03.

Inspire Faithward Mid Cap Momentum ETF 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.