Inspire Tactical Balanced ETF (NYSEARCA:RISN) to Issue $0.07 Quarterly Dividend

Inspire Tactical Balanced ETF (NYSEARCA:RISN) declared a quarterly dividend on Tuesday, December 16th. Stockholders of record on Wednesday, December 17th will be given a dividend of 0.073 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, December 17th.

Inspire Tactical Balanced ETF Stock Performance

NYSEARCA RISN traded down $0.12 during mid-day trading on Wednesday, reaching $29.57. 7,174 shares of the stock were exchanged, compared to its average volume of 7,756. The business’s 50 day moving average is $29.41 and its 200-day moving average is $28.61. The company has a market capitalization of $91.65 million, a P/E ratio of 18.72 and a beta of 0.54. Inspire Tactical Balanced ETF has a 1 year low of $23.55 and a 1 year high of $31.18.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Inspire Tactical Balanced ETF stock. Creative Financial Designs Inc. ADV raised its holdings in Inspire Tactical Balanced ETF (NYSEARCA:RISN) by 5,627.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 127,618 shares of the company’s stock after purchasing an additional 125,390 shares during the quarter. Creative Financial Designs Inc. ADV owned about 4.15% of Inspire Tactical Balanced ETF worth $3,506,000 as of its most recent filing with the SEC.

About Inspire Tactical Balanced ETF

The Inspire Tactical Large Cap ESG ETF (RISN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that tactically shift exposure between US equities and treasurys, or other defensive assets, that are screened for biblically-aligned criteria as defined by the Issuer.