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Inspire Small/Mid Cap ETF (ISMD) invests into inspiring, biblically aligned small and mid-sized companies ($850M-$12.99B market cap) from the United States. ISMD is managed according to biblically responsible investing standards seeking to create meaningful impact in the world and help investors align their investments to support biblical values. The Inspire Small/Mid Cap ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Small/Mid Cap Impact Equal Weight Index.
Inspire Small/Mid Cap ETF trades on the ARCA stock market under the symbol ISMD.
As of March 28, 2024, ISMD stock price climbed to $36.01 with 18,021 million shares trading.
ISMD has a beta of 1.15, meaning it tends to be more sensitive to market movements. ISMD has a correlation of 0.60 to the broad based SPY ETF.
ISMD has a market cap of $180.05 million. This is considered a Micro Cap stock.
In the last 3 years, ISMD stock traded as high as $41.99 and as low as $27.23.
ISMD has underperformed the market in the last year with a return of +21.1%, while the SPY ETF gained +33.6%. In the last 3 month period, ISMD fell short of the market, returning +2.9%, while SPY returned +10.1%. However, in the most recent 2 weeks ISMD has outperformed the stock market by returning +2.9%, while SPY returned +1.7%.
ISMD support price is $35.42 and resistance is $36.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ISMD stock will trade within this expected range on the day.