Inspire 100 ETF (NYSEARCA:BIBL) Shares Pass Above 200-Day Moving Average – What’s Next?

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 Stock Up 0.3 %

The firm’s 50-day moving average price is $40.86 and its 200 day moving average price is $39.31. The firm has a market cap of $379.12 million, a P/E 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 the business. Creative Financial Designs Inc. ADV lifted its holdings in Inspire 100 ETF by 21.2% in 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 during the period. Vicus Capital boosted its stake in Inspire 100 ETF by 7.4% during the third quarter. Vicus Capital now owns 30,943 shares of the company’s stock valued at $1,258,000 after buying an additional 2,128 shares in the last quarter. Community Financial Services Group LLC bought a new position in Inspire 100 ETF during the third quarter valued at about $207,000. EverSource Wealth Advisors LLC grew its holdings in Inspire 100 ETF by 47.8% during the second quarter. EverSource Wealth Advisors LLC now owns 102,493 shares of the company’s stock worth $4,004,000 after acquiring an additional 33,128 shares during the period. Finally, AIFG Consultants Ltd. bought a new stake in Inspire 100 ETF in the second quarter worth about $2,036,000.

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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