Welcome to our dedicated page for Inspire Momentum ETF news (Ticker: GLRY), a resource for investors and traders seeking the latest updates and insights on Inspire Momentum ETF stock.
Inspire Momentum ETF (GLRY), part of the Inspire Investing family, is a faith-based exchange-traded fund (ETF) dedicated to maximizing growth by aligning investments with biblical values. Actively managed, GLRY seeks to outperform the broader U.S. mid-cap stock market by selecting companies that demonstrate positive momentum in their stock performance, using the proprietary Inspire Impact Score™ methodology.
Inspire Momentum ETF recently earned a prestigious 5-star Overall Morningstar Rating™ as of 5/31/24. This distinction, awarded to funds in the top 10% for risk-adjusted returns relative to peers, underscores the fund's strong performance and below-average risk profile over a three-year period.
Managed by Inspire Investing, the world's largest provider of faith-based ETFs, GLRY is part of a diverse suite of investment products designed to align with Biblically Responsible Investing (BRI) principles. Inspire Investing has garnered significant recognition, including repeated appearances on FA Magazine's Top 50 Fastest Growing Firms list and the Inc. 5000 list of America's fastest-growing private companies.
Inspire Investing is also known for its Give50 Program, which donates 50% or more of its net corporate profits to impactful ministry projects worldwide. A recent initiative transformed a village in Guatemala, providing essential facilities like a church, clean water well, educational improvements, and a medical clinic.
For more information about the Inspire Momentum ETF (GLRY) and other faith-based investment options, please visit the Inspire ETFs website.
Inspire Investing's Momentum ETF (NYSE: GLRY) has been accorded a prestigious 5-star Overall Morningstar Rating™ as of May 31, 2024. The rating by Morningstar, a leading investment research firm, assesses funds based on their risk-adjusted returns relative to peers. ETFs in the top 10% of their category receive this highest rating. GLRY earned the 5-star rating for its exceptional 3-year performance among 552 small growth funds, denoting high overall performance and below-average risk. Robert Netzly, CEO of Inspire Investing, acknowledged the award as a validation of their robust investment strategy and commitment to investor values.
Inspire Investing, the largest faith-based ETF provider, has launched the Inspire Fidelis Multi-Factor ETF (FDLS) and announced the closure of the Inspire Faithward Large Cap Momentum ETF (FEVR), effective November 28, 2022. The decision aligns with their strategy to streamline offerings, retaining only the Inspire Faithward Mid Cap Momentum ETF (GLRY). As of September 30, 2022, Inspire manages approximately $2 billion in assets, with plans for further fund launches in the coming year.
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