Inspire Investing LLC Sells 14,356 Shares of Inspire Fidelis Multi Factor ETF $FDLS

Inspire Investing LLC decreased its holdings in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 11.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,723 shares of the company’s stock after selling 14,356 shares during the period. Inspire Investing LLC’s holdings in Inspire Fidelis Multi Factor ETF were worth $3,850,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FDLS. Goldman Sachs Group Inc. bought a new position in shares of Inspire Fidelis Multi Factor ETF during the first quarter valued at approximately $497,000. Raymond James Financial Inc. bought a new stake in shares of Inspire Fidelis Multi Factor ETF during the second quarter valued at approximately $58,000. Osaic Holdings Inc. increased its position in shares of Inspire Fidelis Multi Factor ETF by 56.2% during the second quarter. Osaic Holdings Inc. now owns 2,451 shares of the company’s stock valued at $78,000 after acquiring an additional 882 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Inspire Fidelis Multi Factor ETF by 11.7% during the third quarter. Envestnet Asset Management Inc. now owns 39,907 shares of the company’s stock valued at $1,394,000 after acquiring an additional 4,168 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position in shares of Inspire Fidelis Multi Factor ETF by 4.2% during the third quarter. Creative Financial Designs Inc. ADV now owns 157,468 shares of the company’s stock valued at $5,499,000 after acquiring an additional 6,345 shares in the last quarter.

Inspire Fidelis Multi Factor ETF Stock Down 0.9%

Shares of FDLS opened at $41.07 on Thursday. The company has a market capitalization of $196.31 million, a P/E ratio of 16.55 and a beta of 1.06. The firm has a 50 day moving average of $40.34 and a 200 day moving average of $38.40. Inspire Fidelis Multi Factor ETF has a twelve month low of $30.68 and a twelve month high of $42.67.

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.