Bare Financial Services Inc Trims Stake in Inspire 100 ETF $BIBL

Bare Financial Services Inc lessened its stake in shares of Inspire 100 ETF (NYSEARCA:BIBL) by 49.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,797 shares of the company’s stock after selling 201,027 shares during the quarter. Inspire 100 ETF comprises about 2.7% of Bare Financial Services Inc’s investment portfolio, making the stock its 15th biggest position. Bare Financial Services Inc owned about 2.65% of Inspire 100 ETF worth $9,188,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV lifted its position in shares of Inspire 100 ETF by 509.7% in the second quarter. Creative Financial Designs Inc. ADV now owns 226,196 shares of the company’s stock valued at $9,349,000 after acquiring an additional 189,094 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its position in Inspire 100 ETF by 494.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 56,276 shares of the company’s stock worth $2,500,000 after purchasing an additional 46,804 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Inspire 100 ETF by 3.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 86,727 shares of the company’s stock valued at $3,853,000 after purchasing an additional 3,093 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings 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 valued at $91,000 after purchasing an additional 447 shares in the last quarter.

Inspire 100 ETF Price Performance

Inspire 100 ETF stock opened at $50.36 on Thursday. The stock has a market capitalization of $397.84 million, a P/E ratio of 25.68 and a beta of 1.11. Inspire 100 ETF has a 12-month low of $32.72 and a 12-month high of $50.74. The firm’s 50-day moving average is $47.81 and its two-hundred day moving average is $45.52.

Inspire 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 17th were given a dividend of $0.0961 per share. The ex-dividend date was Wednesday, December 17th. This represents a $0.38 dividend on an annualized basis and a yield of 0.8%.

About Inspire 100 ETF

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.