Bare Financial Services Inc Invests $8.10 Million in Inspire 100 ETF (NYSEARCA:BIBL)

Bare Financial Services Inc acquired a new position in shares of Inspire 100 ETF (NYSEARCA:BIBL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 232,123 shares of the company’s stock, valued at approximately $8,101,000. Inspire 100 ETF comprises about 16.3% of Bare Financial Services Inc’s portfolio, making the stock its largest holding. Bare Financial Services Inc owned approximately 2.62% of Inspire 100 ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Vicus Capital lifted its stake in Inspire 100 ETF by 1.1% in the fourth quarter. Vicus Capital now owns 26,711 shares of the company’s stock worth $932,000 after purchasing an additional 296 shares during the last quarter. Vantage Financial Partners LLC lifted its stake in Inspire 100 ETF by 6.5% in the third quarter. Vantage Financial Partners LLC now owns 12,320 shares of the company’s stock worth $385,000 after purchasing an additional 750 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Inspire 100 ETF by 6.5% in the third quarter. EverSource Wealth Advisors LLC now owns 99,392 shares of the company’s stock worth $3,107,000 after purchasing an additional 6,101 shares during the last quarter. Finally, Fiduciary Alliance LLC lifted its stake in Inspire 100 ETF by 25.6% in the fourth quarter. Fiduciary Alliance LLC now owns 64,597 shares of the company’s stock worth $2,254,000 after purchasing an additional 13,170 shares during the last quarter.

Inspire 100 ETF Price Performance

Inspire 100 ETF stock traded up $0.43 during mid-day trading on Thursday, hitting $36.66. The company’s stock had a trading volume of 60,847 shares, compared to its average volume of 95,497. The stock has a market cap of $322.61 million, a price-to-earnings ratio of 25.94 and a beta of 1.11. The business has a 50 day moving average price of $37.72 and a 200-day moving average price of $34.98. Inspire 100 ETF has a 12 month low of $29.13 and a 12 month high of $38.99.

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.