Bare Financial Services Inc Purchases Shares of 61,754 Inspire Small/Mid Cap ETF (NYSEARCA:ISMD)

Bare Financial Services Inc purchased a new stake in Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 61,754 shares of the company’s stock, valued at approximately $2,143,000. Inspire Small/Mid Cap ETF accounts for approximately 4.3% of Bare Financial Services Inc’s portfolio, making the stock its 10th biggest holding.

A number of other hedge funds have also recently bought and sold shares of ISMD. Trust Point Inc. bought a new position in Inspire Small/Mid Cap ETF in the fourth quarter valued at approximately $1,121,000. Creative Financial Designs Inc. ADV lifted its position in shares of Inspire Small/Mid Cap ETF by 1.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 337,614 shares of the company’s stock valued at $11,714,000 after buying an additional 5,614 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Inspire Small/Mid Cap ETF by 1.3% in the third quarter. EverSource Wealth Advisors LLC now owns 63,941 shares of the company’s stock valued at $1,943,000 after buying an additional 793 shares during the last quarter.

Inspire Small/Mid Cap ETF Trading Up 1.6 %

Shares of ISMD traded up $0.56 during mid-day trading on Thursday, reaching $34.46. The company’s stock had a trading volume of 271,181 shares, compared to its average volume of 36,617. Inspire Small/Mid Cap ETF has a 1-year low of $28.04 and a 1-year high of $36.32. The stock has a market cap of $168.85 million, a P/E ratio of 14.65 and a beta of 1.13. The business has a 50-day simple moving average of $34.61 and a two-hundred day simple moving average of $33.10.

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.