Trust Point Inc. Raises Stock Holdings in Inspire Small/Mid Cap ETF (NYSEARCA:ISMD)

Trust Point Inc. raised its stake in Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,098 shares of the company’s stock after acquiring an additional 2,621 shares during the period. Trust Point Inc. owned approximately 0.74% of Inspire Small/Mid Cap ETF worth $1,467,000 as of its most recent SEC filing.

Separately, Captrust Financial Advisors grew its position in shares of Inspire Small/Mid Cap ETF by 16.0% during the third quarter. Captrust Financial Advisors now owns 14,785 shares of the company’s stock worth $560,000 after purchasing an additional 2,042 shares in the last quarter.

Inspire Small/Mid Cap ETF Stock Performance

Shares of ISMD stock opened at $37.66 on Tuesday. Inspire Small/Mid Cap ETF has a 52-week low of $32.84 and a 52-week high of $41.16. The firm has a market capitalization of $197.72 million, a P/E ratio of 15.22 and a beta of 1.11. The stock has a 50 day moving average price of $38.60 and a 200 day moving average price of $37.85.

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.