Inspire 100 ETF (NYSEARCA:BIBL) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Inspire 100 ETF (NYSEARCA:BIBL) shares crossed 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.

Inspire 100 ETF Stock Down 0.4 %

The stock has a market capitalization of $377.87 million, a P/E ratio of 26.03 and a beta of 1.12. The business’s 50 day simple moving average is $40.78 and its two-hundred day simple moving average is $39.27.

Hedge Funds Weigh In On Inspire 100 ETF

Large investors have recently added to or reduced their stakes in the business. Vicus Capital lifted its stake in Inspire 100 ETF by 4.1% during the 2nd quarter. Vicus Capital now owns 28,815 shares of the company’s stock valued at $1,094,000 after acquiring an additional 1,128 shares in the last quarter. Fiduciary Alliance LLC grew its stake in shares of Inspire 100 ETF by 5.6% in the 2nd quarter. Fiduciary Alliance LLC now owns 69,058 shares of the company’s stock worth $2,635,000 after acquiring an additional 3,661 shares in the last quarter. Community Financial Services Group LLC purchased a new stake in shares of Inspire 100 ETF in the third quarter valued at about $207,000. Creative Financial Designs Inc. ADV lifted its position in shares of 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 valued at $1,425,000 after purchasing an additional 6,138 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted 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 purchasing an additional 33,128 shares during the last quarter.

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.