Inspire Advisors LLC Purchases 11,866 Shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS)

Inspire Advisors LLC increased its position in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 1.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 679,909 shares of the company’s stock after acquiring an additional 11,866 shares during the period. Inspire Fidelis Multi Factor ETF accounts for about 2.4% of Inspire Advisors LLC’s holdings, making the stock its 8th largest position. Inspire Advisors LLC owned 0.25% of Inspire Fidelis Multi Factor ETF worth $20,027,000 as of its most recent SEC filing.

Separately, Frontier Asset Management LLC raised its position in Inspire Fidelis Multi Factor ETF by 3.1% in the 4th quarter. Frontier Asset Management LLC now owns 48,213 shares of the company’s stock valued at $1,420,000 after purchasing an additional 1,456 shares in the last quarter.

Inspire Fidelis Multi Factor ETF Price Performance

FDLS stock opened at $28.35 on Tuesday. The firm has a market capitalization of $76.55 million, a P/E ratio of 15.49 and a beta of 1.18. The business’s 50-day moving average is $30.48 and its two-hundred day moving average is $31.26. Inspire Fidelis Multi Factor ETF has a 1 year low of $28.23 and a 1 year high of $34.39.

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.