Inspire Investing LLC Reduces Stock Holdings in Inspire Fidelis Multi Factor ETF $FDLS

Inspire Investing LLC decreased its position in Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 11.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,723 shares of the company’s stock after selling 14,356 shares during the period. Inspire Investing LLC owned about 2.80% of Inspire Fidelis Multi Factor ETF worth $3,850,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Inspire Fidelis Multi Factor ETF in the second quarter valued at approximately $58,000. Osaic Holdings Inc. lifted its stake in Inspire Fidelis Multi Factor ETF by 56.2% in the second quarter. Osaic Holdings Inc. now owns 2,451 shares of the company’s stock valued at $78,000 after purchasing an additional 882 shares during the last quarter. Integrated Advisors Network LLC purchased a new position in Inspire Fidelis Multi Factor ETF in the fourth quarter valued at approximately $200,000. Arlington Capital Management Inc. purchased a new position in Inspire Fidelis Multi Factor ETF in the fourth quarter valued at approximately $249,000. Finally, Cetera Investment Advisers lifted its stake in Inspire Fidelis Multi Factor ETF by 22.9% in the fourth quarter. Cetera Investment Advisers now owns 7,088 shares of the company’s stock valued at $253,000 after purchasing an additional 1,319 shares during the last quarter.

Inspire Fidelis Multi Factor ETF Trading Down 0.9%

Inspire Fidelis Multi Factor ETF stock opened at $41.07 on Thursday. The business’s 50 day simple moving average is $40.34 and its 200 day simple moving average is $38.40. Inspire Fidelis Multi Factor ETF has a 12 month low of $30.68 and a 12 month high of $42.67. The company has a market cap of $196.31 million, a price-to-earnings ratio of 16.55 and a beta of 1.06.

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. FDLS was launched on Aug 23, 2022 and is managed by Inspire.