BOISE, Idaho, April 24, 2024 /PRNewswire/ — Inspire Investing, the world’s largest provider of faith-based ETFs, recently launched the lowest cost faith-based U.S. large cap ETF available, the Inspire 500 ETF (NYSE: PTL), which reached $100M AUM in just 11 days, from March 25 to April 4, 2024.
PTL), which reached 0M AUM in just 11 days, from March 25 to April 4, 2024.”>
PTL offers a 0.09% expense ratio, giving faith-based investors access to U.S. large cap, biblically screened companies at the lowest price point available.
Robert Netzly, CEO of Inspire, believes that this competitive rate is spurring the fast growth of this fund. “Both advisors and their clients have been asking for lower costs when it comes to faith-based investing, and PTL not only provides this but also avoids the problematic ‘Magnificent 7’ since they are screened out of all our funds. These factors, I…
