Inspire Fidelis Multi Factor ETF $FDLS Position Lowered by Revisor Wealth Management LLC

Revisor Wealth Management LLC decreased its position in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 77.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,035 shares of the company’s stock after selling 20,599 shares during the quarter. Revisor Wealth Management LLC owned approximately 0.10% of Inspire Fidelis Multi Factor ETF worth $248,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Optivise Advisory Services LLC raised its position in Inspire Fidelis Multi Factor ETF by 14.4% in the third 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 during the last quarter. Focus Financial Network Inc. acquired a new stake in shares of Inspire Fidelis Multi Factor ETF during the third quarter valued at about $209,000. Citadel Advisors LLC acquired a new stake in shares of Inspire Fidelis Multi Factor ETF during the second quarter valued at about $647,000. Carlson Financial Inc. grew its holdings in shares of Inspire Fidelis Multi Factor ETF by 13.8% during the second quarter. Carlson Financial Inc. now owns 17,389 shares of the company’s stock worth $735,000 after purchasing an additional 2,109 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Inspire Fidelis Multi Factor ETF by 39.3% during the first 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 last quarter.

Inspire Fidelis Multi Factor ETF Price Performance

Inspire Fidelis Multi Factor ETF stock opened at $41.04 on Friday. The business has a 50 day moving average of $42.37 and a 200-day moving average of $41.58. Inspire Fidelis Multi Factor ETF has a 1 year low of $33.37 and a 1 year high of $44.01. The company has a market capitalization of $253.63 million, a P/E ratio of 16.55 and a beta of 1.05.

Inspire Fidelis Multi Factor ETF Cuts Dividend

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

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. FDLS was launched on Aug 23, 2022 and is managed by Inspire.