Simplicity Wealth LLC Acquires 20,905 Shares of Inspire Fidelis Multi Factor ETF $FDLS

Simplicity Wealth LLC increased its stake in Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 90.6% during the third quarter, according to its most recent filing with the SEC. The fund owned 43,973 shares of the company’s stock after buying an additional 20,905 shares during the quarter. Simplicity Wealth LLC owned 0.71% of Inspire Fidelis Multi Factor ETF worth $1,811,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Arlington Capital Management Inc. increased its stake in shares of Inspire Fidelis Multi Factor ETF by 4.5% during the 1st quarter. Arlington Capital Management Inc. now owns 7,293 shares of the company’s stock worth $269,000 after purchasing an additional 317 shares during the last quarter. Valmark Advisers Inc. lifted its stake in Inspire Fidelis Multi Factor ETF by 1.6% in the first quarter. Valmark Advisers Inc. now owns 35,830 shares of the company’s stock valued at $1,324,000 after purchasing an additional 558 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Inspire Fidelis Multi Factor ETF by 39.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,294 shares of the company’s stock valued at $85,000 after purchasing an additional 647 shares during the last quarter. Optivise Advisory Services LLC grew its holdings in Inspire Fidelis Multi Factor ETF by 14.4% during the third quarter. Optivise Advisory Services LLC now owns 9,580 shares of the company’s stock valued at $395,000 after purchasing an additional 1,208 shares during the period. Finally, Frontier Asset Management LLC grew its stake in shares of Inspire Fidelis Multi Factor ETF by 2.6% during the 1st quarter. Frontier Asset Management LLC now owns 65,404 shares of the company’s stock worth $2,416,000 after acquiring an additional 1,629 shares during the period.

Inspire Fidelis Multi Factor ETF Stock Up 1.0%

FDLS opened at $41.44 on Tuesday. The firm has a 50-day moving average price of $42.28 and a 200-day moving average price of $40.45. The company has a market capitalization of $256.10 million, a price-to-earnings ratio of 16.55 and a beta of 1.05. Inspire Fidelis Multi Factor ETF has a twelve month low of $33.37 and a twelve month high of $44.01.

Inspire Fidelis Multi Factor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Friday, September 25th were given a $0.0748 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.7%. This is a drop from Inspire Fidelis Multi Factor ETF’s previous quarterly dividend of $0.0899. The ex-dividend date was Friday, September 25th.

About Inspire Fidelis Multi Factor ETF

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.