BOISE,
Idaho, July 11, 2024 /PRNewswire/ -- 140
advisors and guests from across the U.S. joined Inspire Investing
to ring the Closing Bell at the New York Stock Exchange on
July 1st and celebrate the
launching of PTL - the lowest cost large cap faith-based ETF
currently available (as of 5/6/24).
"It is an honor to ring the Closing Bell at NYSE, but to have so
many advisors join us who recognize the enormous potential of the
faith-based investing market is incredibly exciting," said
Robert Netzly, CEO of Inspire
Investing. "This is just the beginning of a movement to provide
faith-based clients with competitive investment strategies that
align with their values. Lord willing, Inspire will continue to be
at the forefront of that movement."
Inspire staff and their guests enjoyed exclusive access to the
historic trading floor of the NYSE during the Closing Bell and were
then treated to a catered reception and dinner inside NYSE hosted
by Inspire.
The NYSE Bell
One of the most familiar images and sounds of the NYSE is the
loud, iconic ringing of a bell, signaling the opening or closing of
the day's trading. According to NYSE, the bell ringing is the most
widely viewed daily news event on Earth, witnessed by as many as
110 million people on dozens of TV channels. NYSE even holds a
trademark on the sound of its bell. Before the current brass bell,
NYSE traders were called to order by an official who would walk the
trading floor bashing a Chinese gong. In 1903, the gong was
replaced by a bell that was electrically operated and large enough
to resonate throughout the main trading floor.
About PTL
The Inspire 500 ETF [ticker: PTL] was launched on March 25, 2024, with an expense ratio of 0.09%
and grew to $100 million AUM in 11
days. PTL comprises the largest 500 companies by market cap with an
Inspire Impact Score of zero or higher. PTL has no exposure to the
"Magnificent 7," is market cap weighted, and seeks to replicate
investment results that generally correspond, before fees and
expenses, to the performance of the Inspire 500 Index.
For more information about the Inspire 500 ETF [PTL] and other
faith-based investment options offered by Inspire Investing, please
visit http://www.inspireetf.com/ptl.
About Inspire Investing
Inspire Investing is the world's largest provider of faith-based
ETFs and creator of the globally recognized Inspire Impact Score™,
which investors worldwide use to measure the alignment of their
investments according to Biblically Responsible Investing (BRI)
principles.
Inspire has gained recognition by FA Magazine seven times since
2017, making the Top 50 Fastest Growing Firms list three times in a
row. Inspire was recognized in The Financial Times' "Americas'
Fastest Growing Companies" three of the last four years and the
Inc. 5000 list of fastest-growing private companies in America four
years running.
Inspire also donates 50% or more of its net corporate profits to
support impactful ministry projects around the globe through its
Give50 Program. Most recently, Inspire completed a 3-year village
transformation project in the coffee farming mountains of
Guatemala. Thanks to investors,
advisors, and institutions using Inspire products, the village has
a church building, a clean water well, improved education
facilities, and a fully functional medical clinic. To learn more
about the Give50 program, please visit
www.inspireinvesting.com/give50.
Visit www.inspireetf.com to learn more about Inspire's
faith-based ETFs.
Investment advisory services offered through Inspire Investing,
LLC, a Registered Investment Advisor with the SEC.
Past performance does not guarantee future results.
There is no guarantee that the funds will achieve their
objective, generate positive returns, or avoid losses. Before
investing, consider the funds' investment objectives, risks,
charges, and expenses. To obtain a prospectus or summary prospectus
which contains this and other information, visit
www.inspireetf.com. Read it carefully.
The Inspire ETFs are distributed by Foreside Financial Services
LLC., Member FINRA.
Inspire and Foreside Financial Services LLC are not
affiliated.
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SOURCE Inspire Investing