Inspire 500 ETF - PTL STOCK NEWS

Welcome to our dedicated page for Inspire 500 ETF news (Ticker: PTL), a resource for investors and traders seeking the latest updates and insights on Inspire 500 ETF stock.

Inspire 500 ETF (NYSE: PTL), launched on March 25, 2024, is a faith-based exchange-traded fund managed by Inspire Investing, the world's largest provider of faith-based ETFs. Designed as a core holding for equity portfolio allocations, PTL provides exposure to the 500 largest U.S. companies by market cap, all aligned with biblical values as determined by Inspire Impact Scores of zero or higher.

One of PTL's distinguishing features is its low expense ratio of just 0.09%, making it the most cost-effective option available for faith-based investors. The ETF employs a passive, market cap-weighted index construction, ensuring efficient and low-cost equity exposure.

PTL has garnered significant attention since its launch, reaching $100 million in assets under management (AUM) within just 11 days. CEO Robert Netzly attributes this rapid growth to the fund's competitive pricing and its exclusion of the 'Magnificent 7' companies, which are often considered problematic by faith-based investors.

Inspire Investing is not only recognized for its market-leading products but also for its commitment to impactful initiatives. The company donates 50% or more of its net corporate profits to global ministry projects through its Give50 Program. Recent projects include a comprehensive village transformation in the coffee farming mountains of Guatemala, providing essential infrastructure such as a church, clean water well, improved education facilities, and a medical clinic.

Inspire Investing has received numerous accolades, including being named in FA Magazine's Top 50 Fastest Growing Firms list and The Financial Times'