68,581 Shares in Inspire Fidelis Multi Factor ETF $FDLS Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC purchased a new stake in Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 68,581 shares of the company’s stock, valued at approximately $2,395,000. Belpointe Asset Management LLC owned approximately 2.19% of Inspire Fidelis Multi Factor ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC increased its position in shares of Inspire Fidelis Multi Factor ETF by 19.3% in the 2nd quarter. AE Wealth Management LLC now owns 26,325 shares of the company’s stock worth $836,000 after purchasing an additional 4,258 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in Inspire Fidelis Multi Factor ETF by 1,942.8% in the second 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 in the last quarter. Financial Advocates Investment Management bought a new stake in Inspire Fidelis Multi Factor ETF in the second quarter valued at about $244,000. Osaic Holdings Inc. raised its stake in Inspire Fidelis Multi Factor ETF by 56.2% during the second quarter. Osaic Holdings Inc. now owns 2,451 shares of the company’s stock valued at $78,000 after buying an additional 882 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in Inspire Fidelis Multi Factor ETF during the 1st quarter worth approximately $497,000.

Inspire Fidelis Multi Factor ETF Trading Up 0.1%

Shares of FDLS opened at $38.21 on Wednesday. Inspire Fidelis Multi Factor ETF has a 52 week low of $24.36 and a 52 week high of $38.69. The firm has a market cap of $143.29 million, a price-to-earnings ratio of 16.55 and a beta of 1.14. The stock has a 50 day moving average of $36.43 and a 200-day moving average of $34.76.

Inspire Fidelis Multi Factor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 17th were paid a dividend of $0.0957 per share. The ex-dividend date was Wednesday, December 17th. This is a positive change from Inspire Fidelis Multi Factor ETF’s previous quarterly dividend of $0.06. This represents a $0.38 annualized dividend and a yield of 1.0%.

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.