3,283 Shares in Inspire 500 ETF $PTL Purchased by RMG Wealth Management LLC

RMG Wealth Management LLC bought a new stake in Inspire 500 ETF (NYSEARCA:PTL) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,283 shares of the company’s stock, valued at approximately $823,000. Inspire 500 ETF makes up about 0.1% of RMG Wealth Management LLC’s holdings, making the stock its 23rd largest holding. RMG Wealth Management LLC owned 0.11% of Inspire 500 ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Mosaic Family Wealth Partners LLC lifted its position in Inspire 500 ETF by 2.6% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 2,602 shares of the company’s stock worth $646,000 after purchasing an additional 66 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Inspire 500 ETF by 1,173.1% in the first quarter. AdvisorNet Financial Inc now owns 331 shares of the company’s stock valued at $83,000 after buying an additional 305 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Inspire 500 ETF in the first quarter valued at $93,000. Strategic Blueprint LLC grew its holdings in Inspire 500 ETF by 47.6% during the fourth quarter. Strategic Blueprint LLC now owns 1,216 shares of the company’s stock worth $302,000 after acquiring an additional 392 shares during the period. Finally, Fiduciary Alliance LLC grew its holdings in Inspire 500 ETF by 60.8% during the first quarter. Fiduciary Alliance LLC now owns 7,261 shares of the company’s stock worth $1,949,000 after acquiring an additional 2,746 shares during the period.

Inspire 500 ETF Price Performance

Shares of PTL opened at $280.71 on Friday. The firm’s 50 day moving average is $282.02 and its 200-day moving average is $268.66. The stock has a market capitalization of $875.82 million, a P/E ratio of 25.14 and a beta of 0.97. Inspire 500 ETF has a 12-month low of $232.60 and a 12-month high of $293.22.

Inspire 500 ETF Profile

The Inspire 500 ETF (PTL) is an exchange-traded fund that is based on the Inspire 500 index, a market-cap-weighted index of 500 large-cap US stocks, selected based on the issuers proprietary criteria of biblical values.