Inspire 500 ETF (PTL) to Issue Quarterly Dividend of $0.08 on October 1st

Inspire 500 ETF (NYSEARCA:PTL – Get Free Report) announced a quarterly dividend on Thursday, September 24th. Shareholders of record on Friday, September 25th will be paid a dividend of $0.0832 per share on Thursday, October 1st. This represents a $0.33 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, September 25th. This is a 89.8% decrease from Inspire 500 ETF’s previous quarterly dividend of $0.8158.

Inspire 500 ETF Price Performance

Shares of Inspire 500 ETF stock opened at $275.23 on Friday. Inspire 500 ETF has a 1-year low of $237.41 and a 1-year high of $293.22. The business’s fifty day moving average price is $281.23 and its two-hundred day moving average price is $275.79. The company has a market capitalization of $880.74 million, a P/E ratio of 25.14 and a beta of 0.98.

Hedge Funds Weigh In On Inspire 500 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. AdvisorNet Financial Inc increased its stake in Inspire 500 ETF by 1,173.1% during the 1st quarter. AdvisorNet Financial Inc now owns 331 shares of the company’s stock valued at $83,000 after buying an additional 305 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of Inspire 500 ETF in the 2nd quarter worth approximately $92,000. Root Financial Partners LLC acquired a new stake in shares of Inspire 500 ETF in the 1st quarter worth approximately $93,000. Fiduciary Alliance LLC boosted its holdings in shares of Inspire 500 ETF by 60.8% in the first quarter. Fiduciary Alliance LLC now owns 7,261 shares of the company’s stock valued at $1,949,000 after acquiring an additional 2,746 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of Inspire 500 ETF in the first quarter valued at approximately $823,000.

About Inspire 500 ETF

(Get Free Report)

The Inspire 500 ETF (PTL) is an exchange-traded fund that is based on the Inspire 500 index, a market-cap-weighted index of 500 large-cap US stocks, selected based on the issuers proprietary criteria of biblical values.

See Also

Dividend History for Inspire 500 ETF (NYSEARCA:PTL)

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