AE Wealth Management LLC Boosts Stake in Inspire Fidelis Multi Factor ETF $FDLS

AE Wealth Management LLC raised its holdings in Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 19.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,325 shares of the company’s stock after purchasing an additional 4,258 shares during the quarter. AE Wealth Management LLC owned 0.94% of Inspire Fidelis Multi Factor ETF worth $836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV lifted 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 valued at $4,797,000 after buying an additional 143,725 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Inspire Fidelis Multi Factor ETF during the first quarter worth $497,000. Envestnet Asset Management Inc. boosted its holdings in shares of Inspire Fidelis Multi Factor ETF by 1.1% in the first quarter. Envestnet Asset Management Inc. now owns 34,303 shares of the company’s stock worth $966,000 after acquiring an additional 369 shares during the period. Inspire Advisors LLC boosted its holdings in shares of Inspire Fidelis Multi Factor ETF by 9.2% in the first quarter. Inspire Advisors LLC now owns 742,552 shares of the company’s stock worth $20,905,000 after acquiring an additional 62,643 shares during the period. Finally, Frontier Asset Management LLC raised its stake in shares of Inspire Fidelis Multi Factor ETF by 16.9% during the 1st quarter. Frontier Asset Management LLC now owns 56,358 shares of the company’s stock valued at $1,587,000 after purchasing an additional 8,145 shares during the period.

Inspire Fidelis Multi Factor ETF Trading Down 2.5%

FDLS stock opened at $34.60 on Friday. The firm has a 50 day moving average of $34.69 and a 200-day moving average of $32.53. Inspire Fidelis Multi Factor ETF has a 12 month low of $24.36 and a 12 month high of $35.56. The firm has a market capitalization of $108.30 million, a P/E ratio of 16.55 and a beta of 1.14.

Inspire Fidelis Multi Factor ETF Announces Dividend

The firm also recently announced 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 was Friday, September 26th.

Inspire Fidelis Multi Factor ETF 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.