RMG Wealth Management LLC Takes $1.32 Million Position in Inspire 100 ETF $BIBL

RMG Wealth Management LLC purchased a new position in Inspire 100 ETF (NYSEARCA:BIBL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 27,916 shares of the company’s stock, valued at approximately $1,316,000. Inspire 100 ETF comprises 0.2% of RMG Wealth Management LLC’s holdings, making the stock its 17th largest position.

A number of other hedge funds also recently bought and sold shares of BIBL. Creative Financial Designs Inc. ADV increased its stake in Inspire 100 ETF by 14.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 266,844 shares of the company’s stock worth $12,043,000 after buying an additional 33,334 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in Inspire 100 ETF by 18.6% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 81,087 shares of the company’s stock worth $3,823,000 after acquiring an additional 12,718 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of Inspire 100 ETF during the first quarter worth approximately $94,000. AdvisorNet Financial Inc purchased a new position in shares of Inspire 100 ETF during the first quarter worth approximately $42,000. Finally, Continuum Advisory LLC increased its position in shares of Inspire 100 ETF by 6.5% during the fourth quarter. Continuum Advisory LLC now owns 6,085 shares of the company’s stock worth $275,000 after acquiring an additional 370 shares during the period.

Inspire 100 ETF Stock Performance

Inspire 100 ETF stock opened at $55.68 on Friday. The company has a 50 day moving average price of $55.22 and a 200-day moving average price of $51.45. The company has a market capitalization of $495.55 million, a PE ratio of 25.68 and a beta of 1.10. Inspire 100 ETF has a fifty-two week low of $41.43 and a fifty-two week high of $58.17.

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.