Inspire Fidelis Multi Factor ETF $FDLS Stake Boosted by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its holdings in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 90.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,973 shares of the company’s stock after purchasing an additional 20,905 shares during the quarter. Simplicity Wealth LLC’s holdings in Inspire Fidelis Multi Factor ETF were worth $1,811,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FDLS. Optivise Advisory Services LLC boosted its stake in shares of Inspire Fidelis Multi Factor ETF by 14.4% in the 3rd 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 in the last quarter. Focus Financial Network Inc. bought a new position in shares of Inspire Fidelis Multi Factor ETF during the 3rd quarter valued at $209,000. Citadel Advisors LLC bought a new position in shares of Inspire Fidelis Multi Factor ETF during the 2nd quarter valued at $647,000. Carlson Financial Inc. grew its holdings in shares of Inspire Fidelis Multi Factor ETF by 13.8% during the 2nd quarter. Carlson Financial Inc. now owns 17,389 shares of the company’s stock valued at $735,000 after purchasing an additional 2,109 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Inspire Fidelis Multi Factor ETF by 39.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,294 shares of the company’s stock worth $85,000 after purchasing an additional 647 shares during the period.

Inspire Fidelis Multi Factor ETF Stock Up 1.0%

Shares of NYSEARCA:FDLS opened at $41.44 on Tuesday. The stock has a market cap of $256.10 million, a PE ratio of 16.55 and a beta of 1.05. The company’s fifty day moving average is $42.28 and its 200 day moving average is $40.45. Inspire Fidelis Multi Factor ETF has a 52 week low of $33.37 and a 52 week high of $44.01.

Inspire Fidelis Multi Factor ETF Cuts Dividend

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

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.