Bare Financial Services Inc Takes Position in Inspire Small/Mid Cap ETF (NYSEARCA:ISMD)

Bare Financial Services Inc acquired a new stake in shares of Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 61,754 shares of the company’s stock, valued at approximately $2,143,000. Inspire Small/Mid Cap ETF comprises approximately 4.3% of Bare Financial Services Inc’s portfolio, making the stock its 10th biggest holding. Bare Financial Services Inc owned about 1.26% of Inspire Small/Mid Cap ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Trust Point Inc. acquired a new position in shares of Inspire Small/Mid Cap ETF during the 4th quarter valued at about $1,121,000. EverSource Wealth Advisors LLC increased its position in Inspire Small/Mid Cap ETF by 1.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 63,941 shares of the company’s stock worth $1,943,000 after purchasing an additional 793 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position in Inspire Small/Mid Cap ETF by 1.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 337,614 shares of the company’s stock worth $11,714,000 after purchasing an additional 5,614 shares in the last quarter.

Inspire Small/Mid Cap ETF Stock Performance

ISMD traded up $0.56 on Thursday, reaching $34.46. 271,181 shares of the company’s stock were exchanged, compared to its average volume of 36,617. The company’s 50 day moving average is $34.61 and its 200-day moving average is $33.10. The company has a market cap of $168.85 million, a price-to-earnings ratio of 14.65 and a beta of 1.13. Inspire Small/Mid Cap ETF has a twelve month low of $28.04 and a twelve month high of $36.32.

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.