Inspire 100 ETF (NYSEARCA:BIBL) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Inspire 100 ETF (NYSEARCA:BIBLGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $39.27 and traded as high as $42.46. Inspire 100 ETF shares last traded at $42.22, with a volume of 22,704 shares trading hands.

Inspire 100 ETF Price Performance

The business’s 50-day moving average price is $40.86 and its 200-day moving average price is $39.31. The firm has a market capitalization of $379.12 million, a PE ratio of 26.03 and a beta of 1.12.

Hedge Funds Weigh In On Inspire 100 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BIBL. Community Financial Services Group LLC purchased a new position in Inspire 100 ETF during the 3rd quarter worth $207,000. Vicus Capital increased its stake in shares of Inspire 100 ETF by 4.1% during the second quarter. Vicus Capital now owns 28,815 shares of the company’s stock worth $1,094,000 after acquiring an additional 1,128 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in Inspire 100 ETF by 21.2% during the third quarter. Creative Financial Designs Inc. ADV now owns 35,042 shares of the company’s stock worth $1,425,000 after purchasing an additional 6,138 shares in the last quarter. AIFG Consultants Ltd. acquired a new stake in Inspire 100 ETF in the second quarter valued at about $2,036,000. Finally, Fiduciary Alliance LLC boosted its holdings in Inspire 100 ETF by 5.6% in the 2nd quarter. Fiduciary Alliance LLC now owns 69,058 shares of the company’s stock valued at $2,635,000 after purchasing an additional 3,661 shares in the last quarter.

About Inspire 100 ETF

(Get Free Report)

The Inspire 100 ESG ETF (BIBL) is an exchange-traded fund that is based on the Inspire 100 index, a market-cap-weighted index of large-cap US stocks, selected based on a proprietary definition of biblical values. BIBL was launched on Oct 30, 2017 and is managed by Inspire.

Further Reading

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