108,411 Shares in Inspire Fidelis Multi Factor ETF $FDLS Purchased by Strategic Equity Management

Strategic Equity Management purchased a new position in Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 108,411 shares of the company’s stock, valued at approximately $3,875,000. Inspire Fidelis Multi Factor ETF makes up 1.3% of Strategic Equity Management’s investment portfolio, making the stock its 18th largest holding. Strategic Equity Management owned approximately 2.82% of Inspire Fidelis Multi Factor ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in Inspire Fidelis Multi Factor ETF in the 2nd quarter worth about $58,000. Osaic Holdings Inc. boosted its stake in Inspire Fidelis Multi Factor ETF by 56.2% in the 2nd quarter. Osaic Holdings Inc. now owns 2,451 shares of the company’s stock worth $78,000 after purchasing an additional 882 shares in the last quarter. Arlington Capital Management Inc. bought a new position in Inspire Fidelis Multi Factor ETF in the 4th quarter worth about $249,000. Strategic Blueprint LLC bought a new position in Inspire Fidelis Multi Factor ETF in the 4th quarter worth about $270,000. Finally, Citadel Advisors LLC bought a new position in Inspire Fidelis Multi Factor ETF in the 3rd quarter worth about $317,000.

Inspire Fidelis Multi Factor ETF Price Performance

Shares of Inspire Fidelis Multi Factor ETF stock opened at $41.23 on Wednesday. The stock has a market cap of $197.08 million, a price-to-earnings ratio of 16.55 and a beta of 1.09. The firm’s 50-day moving average is $39.12 and its 200 day moving average is $37.72. Inspire Fidelis Multi Factor ETF has a 1 year low of $29.91 and a 1 year high of $41.60.

Inspire Fidelis Multi Factor ETF 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. FDLS was launched on Aug 23, 2022 and is managed by Inspire.