Inspire Small/Mid Cap ETF (ISMD) To Go Ex-Dividend on September 25th

Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) declared a quarterly dividend on Thursday, September 24th. Shareholders of record on Friday, September 25th will be paid a dividend of $0.2293 per share on Thursday, October 1st. This represents a $0.92 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, September 25th. This is a 2.7% increase from Inspire Small/Mid Cap ETF’s previous quarterly dividend of $0.2232.

Inspire Small/Mid Cap ETF Trading Down 0.2%

Shares of Inspire Small/Mid Cap ETF stock opened at $46.98 on Friday. Inspire Small/Mid Cap ETF has a 12-month low of $35.81 and a 12-month high of $51.58. The stock has a market cap of $321.81 million, a PE ratio of 16.03 and a beta of 1.02. The company has a 50-day moving average of $48.94 and a two-hundred day moving average of $46.38.

Hedge Funds Weigh In On Inspire Small/Mid Cap ETF

Several hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in Inspire Small/Mid Cap ETF by 6.8% in the first quarter. EverSource Wealth Advisors LLC now owns 35,546 shares of the company’s stock valued at $1,421,000 after purchasing an additional 2,254 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Inspire Small/Mid Cap ETF by 29.7% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 29,025 shares of the company’s stock valued at $1,160,000 after acquiring an additional 6,642 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in Inspire Small/Mid Cap ETF in the 4th quarter valued at about $952,000. RMG Wealth Management LLC purchased a new position in Inspire Small/Mid Cap ETF during the 1st quarter valued at about $565,000. Finally, Continuum Advisory LLC purchased a new position in Inspire Small/Mid Cap ETF during the 2nd quarter valued at about $75,000.

Inspire Small/Mid Cap ETF Company Profile

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.