EverSource Wealth Advisors LLC Has $5.88 Million Holdings in Inspire 500 ETF $PTL

EverSource Wealth Advisors LLC grew its position in Inspire 500 ETF (NYSEARCA:PTL) by 233.3% in the first quarter, Holdings Channel reports. The fund owned 23,454 shares of the company’s stock after acquiring an additional 16,417 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Inspire 500 ETF were worth $5,877,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. AdvisorNet Financial Inc increased its holdings in Inspire 500 ETF by 1,173.1% in the 1st quarter. AdvisorNet Financial Inc now owns 331 shares of the company’s stock worth $83,000 after purchasing an additional 305 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Inspire 500 ETF during the first quarter worth about $93,000. Strategic Blueprint LLC grew its holdings in shares of 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 purchasing an additional 392 shares during the last quarter. Mosaic Family Wealth Partners LLC increased its stake in shares of 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 valued at $646,000 after buying an additional 66 shares during the period. Finally, RMG Wealth Management LLC acquired a new position in shares of Inspire 500 ETF in the first quarter valued at approximately $823,000.

Inspire 500 ETF Price Performance

Shares of NYSEARCA PTL opened at $277.77 on Wednesday. The company has a 50 day simple moving average of $282.25 and a 200 day simple moving average of $269.20. The firm has a market cap of $866.64 million, a PE ratio of 25.14 and a beta of 0.97. Inspire 500 ETF has a 1 year low of $232.60 and a 1 year 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.