Bare Financial Services Inc Sells 1,016 Shares of Inspire Small/Mid Cap ETF (NYSEARCA:ISMD)

Bare Financial Services Inc cut its stake in Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) by 3.1% during the fourth quarter, HoldingsChannel reports. The fund owned 31,966 shares of the company’s stock after selling 1,016 shares during the quarter. Inspire Small/Mid Cap ETF comprises about 0.5% of Bare Financial Services Inc’s holdings, making the stock its 24th largest position. Bare Financial Services Inc’s holdings in Inspire Small/Mid Cap ETF were worth $1,199,000 as of its most recent SEC filing.

Separately, Trust Point Inc. raised its holdings in Inspire Small/Mid Cap ETF by 7.2% in the fourth quarter. Trust Point Inc. now owns 39,098 shares of the company’s stock worth $1,467,000 after purchasing an additional 2,621 shares in the last quarter.

Inspire Small/Mid Cap ETF Stock Performance

NYSEARCA:ISMD opened at $34.46 on Wednesday. The company’s 50-day simple moving average is $37.48 and its 200-day simple moving average is $37.92. Inspire Small/Mid Cap ETF has a fifty-two week low of $32.98 and a fifty-two week high of $41.16. The stock has a market capitalization of $174.02 million, a P/E ratio of 16.90 and a beta of 1.09.

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.