Inspire Makes Changes To Biblical ETF Suite

After the recent launch of their biblical ETF lineup, Inspire Investing, has just announced the closure of one of their funds, the Inspire Faithward Large Cap Momentum ETF (FEVR). The closure isn’t all bad news though as Inspire recently launched the Inspire Fidelis Multi-Factor ETF (FDLS) as well stating that they plan to launch multiple new funds in 2023. A quote from Inspire’s CEO states, “We are constantly evaluating out offerings and believe the addition of a multi-factor strategy and removing the overlap of two momentum funds will better serve our investors. Demand for our biblical ETFs continues to be strong, and we are expecting to launch more funds in the coming year.”

ETF Newz Says:

FEVR will stop trading after November 18, 2022 and will liquidate and distribute on November 28, 2022.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

BNP Paribas Launches Sustainable Corporate Bond ETFs

BNP Paribas Asset Management has introduced two new exchange-traded funds (ETFs) focused on sustainable corporate bonds. The BNP...

BMO Launches Innovative Structured Outcome ETFs on Cboe Canada

BMO has partnered with Cboe Canada to introduce four new Exchange Traded Products (ETPs) catering to various investment...

ProShares Launches Groundbreaking Ether Strategy ETF and Dual Bitcoin-Ether ETFs

ProShares, a global leader in crypto-linked ETFs, is set to launch the ProShares Ether Strategy ETF (EETH), marking...

Bitwise Launches Ethereum Futures ETFs Amid Ethereum’s Surging Growth

Bitwise Asset Management, a leading crypto index fund manager in the United States, has announced the upcoming launch...