14,136 Shares in Inspire Small/Mid Cap ETF $ISMD Bought by RMG Wealth Management LLC

RMG Wealth Management LLC bought a new position in Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,136 shares of the company’s stock, valued at approximately $565,000. RMG Wealth Management LLC owned 0.22% of Inspire Small/Mid Cap ETF at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ISMD. Root Financial Partners LLC acquired a new position in shares of Inspire Small/Mid Cap ETF during the first quarter valued at $66,000. AdvisorNet Financial Inc acquired a new stake in shares of Inspire Small/Mid Cap ETF in the 1st quarter worth about $46,000. Nations Financial Group Inc. IA ADV increased its holdings in shares of Inspire Small/Mid Cap ETF by 29.7% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 29,025 shares of the company’s stock worth $1,160,000 after acquiring an additional 6,642 shares during the period. Captrust Financial Advisors lifted its position in Inspire Small/Mid Cap ETF by 8.9% in the 4th quarter. Captrust Financial Advisors now owns 11,752 shares of the company’s stock valued at $453,000 after purchasing an additional 959 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in Inspire Small/Mid Cap ETF in the 4th quarter valued at about $952,000.

Inspire Small/Mid Cap ETF Stock Down 0.7%

Inspire Small/Mid Cap ETF stock opened at $48.98 on Friday. Inspire Small/Mid Cap ETF has a 52-week low of $34.67 and a 52-week high of $50.48. The firm has a market capitalization of $333.06 million, a price-to-earnings ratio of 16.03 and a beta of 1.02. The firm has a 50-day moving average price of $48.00 and a two-hundred day moving average price of $44.08.

Inspire Small/Mid Cap ETF Profile

The Inspire Small\u002FMid Cap Impact ESG ETF (ISMD) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of 500 small- and mid-cap US stocks that are screened for alignment with biblical values defined by the Issuer. ISMD was launched on Feb 28, 2017 and is managed by Inspire.