Inspire 100 ETF (NYSEARCA:BIBL) Trading Up 0.1% – Should You Buy?

Inspire 100 ETF (NYSEARCA:BIBL) rose 0.1% on Friday . The stock traded as high as $42.15 and last traded at $41.99. 34,336 shares traded hands during trading, a decline of 37% from the average daily volume of 54,185 shares. The stock had previously closed at $41.95.

Inspire 100 ETF Trading Up 0.1%

The firm’s fifty day moving average price is $40.60 and its 200 day moving average price is $39.55. The firm has a market capitalization of $327.52 million, a PE ratio of 25.68 and a beta of 1.03.

Hedge Funds Weigh In On Inspire 100 ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vicus Capital grew its holdings in shares of Inspire 100 ETF by 12.3% during the 2nd quarter. Vicus Capital now owns 36,047 shares of the company’s stock valued at $1,490,000 after acquiring an additional 3,950 shares in the last quarter. Community Financial Services Group LLC purchased a new position in shares of Inspire 100 ETF during the 2nd quarter valued at $202,000. Sterling Investment Advisors Ltd. lifted its stake in shares of Inspire 100 ETF by 17.8% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 17,200 shares of the company’s stock valued at $711,000 after purchasing an additional 2,600 shares during the last quarter. Fiduciary Alliance LLC lifted its stake in shares of Inspire 100 ETF by 1.9% in the 2nd quarter. Fiduciary Alliance LLC now owns 67,417 shares of the company’s stock valued at $2,786,000 after purchasing an additional 1,287 shares during the last quarter. Finally, Bare Financial Services Inc lifted its stake in shares of Inspire 100 ETF by 3.4% in the 1st quarter. Bare Financial Services Inc now owns 423,976 shares of the company’s stock valued at $16,285,000 after purchasing an additional 13,950 shares during 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.