Groundbreaking faith-based ETF celebrates 1st year of trading
BOISE, Idaho, April 7, 2025 /PRNewswire/ -- Inspire Investing, the world's largest provider of faith-based ETFs, celebrates the 1st anniversary of the groundbreaking Inspire 500 ETF (NYSE: PTL), the lowest cost large cap faith-based ETF currently available (as of 3/17/25).
After launch on March 25, 2024, PTL grew to $100M AUM in just 11 days and currently holds over $286M AUM, as of March 26, 2025. 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.
"We launched PTL to give investors a low-cost, faith-based alternative to traditional large-cap funds, and we're thrilled to see the strong response in its first year," said Robert Netzly, CEO of Inspire Investing. "This milestone reinforces the demand for fund solutions that honor God and provide competitive investment opportunities."
About the Inspire 500 ETF (NYSE: PTL)
PTL was launched on March 25, 2024, and is constructed to be a core holding for equity portfolio allocations by providing exposure to the 500 largest United States companies (by market cap) with biblical values alignment determined by Inspire Impact Scores of zero or higher. With no exposure to the "Magnificent 7", an expense ratio of just 0.09%, and a passive, market cap-weighted index construction, PTL seeks to provide low-cost, efficient equity exposure to investors.
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 eight times since 2017, making the Top 50 Fastest Growing Firms list three years in a row. Inspire was also recognized in The Financial Times' "Americas' Fastest Growing Companies" three times and the Inc. 5000 list of fastest-growing private companies in America five 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. Currently, Inspire is supporting church planters in Cuba to help them grow their ministry and spread the Gospel throughout the country. 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.
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