Nations Financial Group Inc. IA ADV Has $5.70 Million Stock Position in Inspire 500 ETF $PTL

Nations Financial Group Inc. IA ADV lifted its stake in shares of Inspire 500 ETF (NYSEARCA:PTL) by 26.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,738 shares of the company’s stock after purchasing an additional 4,792 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Inspire 500 ETF were worth $5,697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Inspire 500 ETF by 1,907.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 281 shares of the company’s stock valued at $70,000 after buying an additional 267 shares during the last quarter. Strategic Blueprint LLC increased its holdings in Inspire 500 ETF by 47.6% during the fourth quarter. Strategic Blueprint LLC now owns 1,216 shares of the company’s stock worth $302,000 after buying an additional 392 shares during the last quarter. Mosaic Family Wealth Partners LLC increased its holdings in Inspire 500 ETF by 6.2% during the third quarter. Mosaic Family Wealth Partners LLC now owns 2,536 shares of the company’s stock worth $630,000 after buying an additional 148 shares during the last quarter. Fiduciary Alliance LLC raised its position in Inspire 500 ETF by 217.1% during the fourth quarter. Fiduciary Alliance LLC now owns 4,515 shares of the company’s stock worth $1,121,000 after acquiring an additional 3,091 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in Inspire 500 ETF by 22.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 9,330 shares of the company’s stock worth $2,325,000 after acquiring an additional 1,733 shares in the last quarter.

Inspire 500 ETF Price Performance

Shares of PTL stock opened at $286.36 on Friday. The stock has a market cap of $824.72 million, a P/E ratio of 25.14 and a beta of 0.98. The company has a fifty day moving average price of $278.27 and a two-hundred day moving average price of $263.47. Inspire 500 ETF has a one year low of $222.60 and a one year high of $293.22.

Inspire 500 ETF Company Profile

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.