Inspire 100 ETF (NYSEARCA:BIBL) Shares Down 0.9% – Should You Sell?

Inspire 100 ETF (NYSEARCA:BIBL)’s share price traded down 0.9% on Tuesday . The company traded as low as $45.35 and last traded at $45.35. 18,893 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 53,443 shares. The stock had previously closed at $45.74.

Inspire 100 ETF Stock Down 0.9%

The firm has a market cap of $351.46 million, a price-to-earnings ratio of 25.68 and a beta of 1.11. The business’s fifty day moving average is $44.01 and its two-hundred day moving average is $41.57.

Inspire 100 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Friday, September 26th were issued a $0.114 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Trading of Inspire 100 ETF

Institutional investors have recently bought and sold shares of the business. GPS Wealth Strategies Group LLC grew its holdings in Inspire 100 ETF by 25.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,190 shares of the company’s stock worth $91,000 after acquiring an additional 447 shares during the period. Community Financial Services Group LLC acquired a new stake in Inspire 100 ETF during the 2nd quarter worth $202,000. Sterling Investment Advisors Ltd. acquired a new stake in Inspire 100 ETF during the 1st quarter worth $561,000. Vicus Capital grew its holdings in Inspire 100 ETF by 12.3% during the 2nd quarter. Vicus Capital now owns 36,047 shares of the company’s stock worth $1,490,000 after acquiring an additional 3,950 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in Inspire 100 ETF during the 2nd quarter worth $1,851,000.

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.