Inspire Investing LLC Reduces Stake in Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS)

Inspire Investing LLC trimmed its holdings in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 22.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,342 shares of the company’s stock after selling 33,407 shares during the quarter. Inspire Investing LLC owned about 4.30% of Inspire Fidelis Multi Factor ETF worth $3,499,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Heartland Consultants Inc. raised its position in Inspire Fidelis Multi Factor ETF by 28.6% in the 2nd quarter. First Heartland Consultants Inc. now owns 14,479 shares of the company’s stock worth $428,000 after purchasing an additional 3,223 shares during the period. Frontier Asset Management LLC bought a new stake in shares of Inspire Fidelis Multi Factor ETF in the 2nd quarter valued at about $832,000. OneAscent Financial Services LLC lifted its stake in shares of Inspire Fidelis Multi Factor ETF by 143.5% in the 1st quarter. OneAscent Financial Services LLC now owns 51,825 shares of the company’s stock valued at $1,585,000 after acquiring an additional 30,540 shares during the last quarter. Finally, Inspire Advisors LLC boosted its holdings in Inspire Fidelis Multi Factor ETF by 7.9% during the 1st quarter. Inspire Advisors LLC now owns 714,724 shares of the company’s stock valued at $21,863,000 after acquiring an additional 52,342 shares during the period.

Inspire Fidelis Multi Factor ETF Price Performance

Shares of Inspire Fidelis Multi Factor ETF stock opened at $30.89 on Thursday. Inspire Fidelis Multi Factor ETF has a one year low of $24.65 and a one year high of $31.70. The business’s 50 day simple moving average is $30.54 and its two-hundred day simple moving average is $30.08. The stock has a market capitalization of $84.96 million, a P/E ratio of 11.63 and a beta of 1.07.

Inspire Fidelis Multi Factor ETF Company Profile

The Inspire Fidelis Multi Factor ETF (FDLS) is an exchange-traded fund that is based on the WI Fidelis Multi-Cap, Multi-Factor index. The fund tracks an equal-weighted index that provides exposure to 100 US-listed stocks of various sectors and market capitalizations. Selection is based on high quality, value, and momentum characteristics that include a Christian values component, as defined by the issuer.