Inspire 100 ETF (NYSEARCA:BIBL) Trading 0.6% Higher – Here’s Why

Inspire 100 ETF (NYSEARCA:BIBL) shares shot up 0.6% during trading on Friday . The company traded as high as $39.50 and last traded at $39.46. 61,504 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 74,241 shares. The stock had previously closed at $39.21.

Inspire 100 ETF Stock Up 0.6 %

The firm has a market cap of $307.79 million, a PE ratio of 26.87 and a beta of 1.05. The stock has a 50-day simple moving average of $40.54 and a two-hundred day simple moving average of $40.50.

Institutional Investors Weigh In On Inspire 100 ETF

A number of institutional investors have recently made changes to their positions in BIBL. Continuum Advisory LLC increased its stake in Inspire 100 ETF by 16.1% in the 4th quarter. Continuum Advisory LLC now owns 5,715 shares of the company’s stock worth $222,000 after purchasing an additional 793 shares during the period. Strategic Blueprint LLC increased its stake in shares of Inspire 100 ETF by 53.1% in the fourth quarter. Strategic Blueprint LLC now owns 15,474 shares of the company’s stock worth $602,000 after buying an additional 5,364 shares during the period. United Capital Financial Advisors LLC bought a new stake in Inspire 100 ETF during the 4th quarter valued at $1,109,000. Vicus Capital raised its holdings in Inspire 100 ETF by 3.1% during the 4th quarter. Vicus Capital now owns 31,897 shares of the company’s stock valued at $1,241,000 after buying an additional 954 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its position in Inspire 100 ETF by 2.2% during the 4th quarter. Fiduciary Alliance LLC now owns 63,735 shares of the company’s stock valued at $2,480,000 after buying an additional 1,344 shares during the period.

Inspire 100 ETF Company Profile

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.