Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) Plans Quarterly Dividend of $0.10

Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) declared a quarterly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 17th will be paid a dividend of 0.1005 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, December 17th.

Inspire Small/Mid Cap ETF Price Performance

ISMD stock traded down $0.03 during mid-day trading on Wednesday, reaching $39.41. 1,266 shares of the company traded hands, compared to its average volume of 34,045. The company has a fifty day moving average price of $38.22 and a 200-day moving average price of $37.49. Inspire Small/Mid Cap ETF has a 52-week low of $29.16 and a 52-week high of $40.19. The company has a market capitalization of $232.50 million, a P/E ratio of 16.03 and a beta of 1.08.

Institutional Trading of Inspire Small/Mid Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of ISMD. Mosaic Family Wealth Partners LLC raised its stake in Inspire Small/Mid Cap ETF by 7.4% in the second quarter. Mosaic Family Wealth Partners LLC now owns 6,902 shares of the company’s stock valued at $245,000 after purchasing an additional 473 shares in the last quarter. Trust Point Inc. grew its stake in Inspire Small/Mid Cap ETF by 3.2% in the 3rd quarter. Trust Point Inc. now owns 16,476 shares of the company’s stock worth $640,000 after buying an additional 504 shares in the last quarter. United Capital Financial Advisors LLC increased its holdings in shares of Inspire Small/Mid Cap ETF by 15.1% in the 3rd quarter. United Capital Financial Advisors LLC now owns 21,665 shares of the company’s stock worth $842,000 after buying an additional 2,850 shares during the last quarter. Sterling Investment Advisors Ltd. increased its holdings in shares of Inspire Small/Mid Cap ETF by 43.0% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 14,300 shares of the company’s stock worth $508,000 after buying an additional 4,300 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in shares of Inspire Small/Mid Cap ETF by 6.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 161,712 shares of the company’s stock valued at $6,284,000 after buying an additional 9,362 shares in the last quarter.

About Inspire Small/Mid Cap ETF

The Inspire Small\u002FMid Cap Impact ESG ETF (ISMD) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of 500 small- and mid-cap US stocks that are screened for alignment with biblical values defined by the Issuer. ISMD was launched on Feb 28, 2017 and is managed by Inspire.