Inspire Fidelis Multi Factor ETF $FDLS Stock: Revisor Wealth Management LLC Reduces Holdings

Revisor Wealth Management LLC cut its stake in shares of Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) by 77.3% during the 3rd quarter, Holdings Channel reports. The fund owned 6,035 shares of the company’s stock after selling 20,599 shares during the period. Revisor Wealth Management LLC’s holdings in Inspire Fidelis Multi Factor ETF were worth $248,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in Inspire Fidelis Multi Factor ETF by 39.3% in 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 period. Focus Financial Network Inc. bought a new stake in Inspire Fidelis Multi Factor ETF in the third quarter valued at $209,000. Arlington Capital Management Inc. raised its holdings in shares of Inspire Fidelis Multi Factor ETF by 4.5% during the first quarter. Arlington Capital Management Inc. now owns 7,293 shares of the company’s stock valued at $269,000 after purchasing an additional 317 shares during the period. Ascentis Independent Advisors acquired a new position in shares of Inspire Fidelis Multi Factor ETF during the first quarter valued at about $272,000. Finally, Optivise Advisory Services LLC raised its holdings in shares of Inspire Fidelis Multi Factor ETF by 14.4% during 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 period.

Inspire Fidelis Multi Factor ETF Price Performance

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

Inspire Fidelis Multi Factor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 25th were given a $0.0748 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, September 25th. This is a negative change 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.