Nations Financial Group Inc. IA ADV Purchases New Position in Inspire Tactical Balanced ETF $RISN

Nations Financial Group Inc. IA ADV acquired a new position in shares of Inspire Tactical Balanced ETF (NYSEARCA:RISN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 31,271 shares of the company’s stock, valued at approximately $932,000.

Separately, Creative Financial Designs Inc. ADV lifted its holdings in shares of Inspire Tactical Balanced ETF by 5,627.9% in the second quarter. Creative Financial Designs Inc. ADV now owns 127,618 shares of the company’s stock valued at $3,506,000 after purchasing an additional 125,390 shares in the last quarter.

Inspire Tactical Balanced ETF Trading Up 0.2%

Shares of Inspire Tactical Balanced ETF stock opened at $30.36 on Monday. The stock has a fifty day simple moving average of $29.45 and a 200 day simple moving average of $29.04. Inspire Tactical Balanced ETF has a 12-month low of $23.55 and a 12-month high of $31.18. The company has a market capitalization of $88.65 million, a P/E ratio of 18.72 and a beta of 0.54.

Inspire Tactical Balanced ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 17th were paid a $0.073 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $0.29 annualized dividend and a dividend yield of 1.0%.

Inspire Tactical Balanced ETF Profile

The Inspire Tactical Large Cap ESG ETF (RISN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that tactically shift exposure between US equities and treasurys, or other defensive assets, that are screened for biblically-aligned criteria as defined by the Issuer. RISN was launched on Jul 15, 2020 and is managed by Inspire.