PAX Financial Group LLC Reduces Holdings in Inspire Fidelis Multi Factor ETF $FDLS

PAX Financial Group LLC lowered its holdings in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 36.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 108,210 shares of the company’s stock after selling 63,300 shares during the period. PAX Financial Group LLC owned about 3.86% of Inspire Fidelis Multi Factor ETF worth $3,435,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Creative Financial Designs Inc. ADV raised its position in shares of Inspire Fidelis Multi Factor ETF by 1,942.8% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 151,123 shares of the company’s stock worth $4,797,000 after purchasing an additional 143,725 shares during the last quarter. Inspire Advisors LLC lifted its holdings in Inspire Fidelis Multi Factor ETF by 9.2% in the 1st quarter. Inspire Advisors LLC now owns 742,552 shares of the company’s stock valued at $20,905,000 after purchasing an additional 62,643 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Inspire Fidelis Multi Factor ETF during the first quarter worth about $497,000. Frontier Asset Management LLC raised its position in shares of Inspire Fidelis Multi Factor ETF by 16.9% in the first quarter. Frontier Asset Management LLC now owns 56,358 shares of the company’s stock valued at $1,587,000 after buying an additional 8,145 shares during the last quarter. Finally, AE Wealth Management LLC boosted its position in Inspire Fidelis Multi Factor ETF by 51.2% during the first quarter. AE Wealth Management LLC now owns 22,067 shares of the company’s stock worth $621,000 after acquiring an additional 7,476 shares during the last quarter.

Inspire Fidelis Multi Factor ETF Stock Up 0.0%

Shares of Inspire Fidelis Multi Factor ETF stock opened at $34.61 on Monday. Inspire Fidelis Multi Factor ETF has a fifty-two week low of $24.36 and a fifty-two week high of $35.56. The business’s fifty day moving average is $34.69 and its two-hundred day moving average is $32.64. The firm has a market cap of $108.33 million, a PE ratio of 16.55 and a beta of 1.14.

Inspire Fidelis Multi Factor ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 26th were paid a $0.0621 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, September 26th.

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.