Inspire 100 ETF (NYSEARCA:BIBL) Stock Price Up 0% – Here’s What Happened

Inspire 100 ETF (NYSEARCA:BIBL)’s share price was up 0% on Thursday . The stock traded as high as $39.76 and last traded at $39.76. Approximately 9,898 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 61,543 shares. The stock had previously closed at $39.75.

Inspire 100 ETF Stock Down 1.2 %

The company’s fifty day moving average price is $40.90 and its two-hundred day moving average price is $39.70. The company has a market cap of $351.65 million, a price-to-earnings ratio of 26.03 and a beta of 1.12.

Hedge Funds Weigh In On Inspire 100 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BIBL. EverSource Wealth Advisors LLC lifted its holdings in shares of Inspire 100 ETF by 47.8% in the second quarter. EverSource Wealth Advisors LLC now owns 102,493 shares of the company’s stock valued at $4,004,000 after purchasing an additional 33,128 shares in the last quarter. Community Financial Services Group LLC bought a new position in shares of Inspire 100 ETF during the third quarter worth about $207,000. Creative Financial Designs Inc. ADV raised its position in Inspire 100 ETF by 21.2% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 35,042 shares of the company’s stock valued at $1,425,000 after buying an additional 6,138 shares during the last quarter. Finally, Vicus Capital lifted its stake in Inspire 100 ETF by 7.4% in the 3rd quarter. Vicus Capital now owns 30,943 shares of the company’s stock valued at $1,258,000 after acquiring an additional 2,128 shares in the last quarter.

About Inspire 100 ETF

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.