Financial Advocates Investment Management Buys Shares of 6,986 Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY)

Financial Advocates Investment Management bought a new stake in shares of Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,986 shares of the company’s stock, valued at approximately $216,000. Financial Advocates Investment Management owned 0.34% of Inspire Faithward Mid Cap Momentum ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creekmur Asset Management LLC lifted its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 34.7% in the 3rd quarter. Creekmur Asset Management LLC now owns 1,325 shares of the company’s stock worth $42,000 after acquiring an additional 341 shares during the period. Inspire Advisors LLC lifted its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 166.2% in the 3rd quarter. Inspire Advisors LLC now owns 98,336 shares of the company’s stock worth $3,092,000 after acquiring an additional 61,401 shares during the period. Finally, CWM LLC acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter worth approximately $764,000.

Inspire Faithward Mid Cap Momentum ETF Trading Up 0.6 %

Shares of NYSEARCA:GLRY opened at $32.55 on Tuesday. The company has a 50 day moving average of $31.97 and a 200-day moving average of $31.49. The firm has a market cap of $66.08 million, a P/E ratio of 14.54 and a beta of 0.82. Inspire Faithward Mid Cap Momentum ETF has a twelve month low of $26.95 and a twelve month high of $33.15.

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.