Inspire 100 ETF $BIBL Shares Sold by Bare Financial Services Inc

Bare Financial Services Inc cut its position in Inspire 100 ETF (NYSEARCA:BIBL) by 3.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 407,824 shares of the company’s stock after selling 16,152 shares during the quarter. Inspire 100 ETF makes up about 5.7% of Bare Financial Services Inc’s holdings, making the stock its 6th biggest position. Bare Financial Services Inc owned about 5.23% of Inspire 100 ETF worth $16,855,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BIBL. GPS Wealth Strategies Group LLC increased its position in Inspire 100 ETF by 25.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,190 shares of the company’s stock worth $91,000 after buying an additional 447 shares during the period. Community Financial Services Group LLC acquired a new position in shares of Inspire 100 ETF in the 2nd quarter worth approximately $202,000. Sterling Investment Advisors Ltd. lifted its holdings in shares of Inspire 100 ETF by 17.8% during the second quarter. Sterling Investment Advisors Ltd. now owns 17,200 shares of the company’s stock valued at $711,000 after acquiring an additional 2,600 shares during the period. Vicus Capital lifted 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 valued at $1,490,000 after purchasing an additional 3,950 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of Inspire 100 ETF in the second quarter valued at approximately $1,851,000.

Inspire 100 ETF Stock Up 0.8%

Inspire 100 ETF stock opened at $45.50 on Monday. Inspire 100 ETF has a 12-month low of $32.72 and a 12-month high of $45.83. The stock has a 50-day simple moving average of $44.69 and a 200 day simple moving average of $42.78. The stock has a market capitalization of $354.90 million, a price-to-earnings ratio of 25.68 and a beta of 1.11.

Inspire 100 ETF Dividend Announcement

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

Inspire 100 ETF 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.