Bare Financial Services Inc Takes Position in Inspire 100 ETF (NYSEARCA:BIBL)

Bare Financial Services Inc bought a new stake in Inspire 100 ETF (NYSEARCA:BIBL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 232,123 shares of the company’s stock, valued at approximately $8,101,000. Inspire 100 ETF comprises 16.3% of Bare Financial Services Inc’s holdings, making the stock its largest holding.

Other hedge funds have also modified their holdings of the company. Vantage Financial Partners LLC increased its position in Inspire 100 ETF by 6.5% during 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. Vicus Capital increased its position in shares of Inspire 100 ETF by 1.1% during the fourth quarter. Vicus Capital now owns 26,711 shares of the company’s stock valued at $932,000 after acquiring an additional 296 shares during the last quarter. Fiduciary Alliance LLC increased its position in shares of Inspire 100 ETF by 25.6% during the fourth quarter. Fiduciary Alliance LLC now owns 64,597 shares of the company’s stock valued at $2,254,000 after acquiring an additional 13,170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Inspire 100 ETF by 6.5% during the third quarter. EverSource Wealth Advisors LLC now owns 99,392 shares of the company’s stock valued at $3,107,000 after acquiring an additional 6,101 shares during the last quarter.

Inspire 100 ETF Stock Up 1.2 %

Shares of BIBL traded up $0.43 during trading on Thursday, reaching $36.66. 60,847 shares of the company traded hands, compared to its average volume of 95,497. Inspire 100 ETF has a twelve month low of $29.13 and a twelve month high of $38.99. The stock has a market cap of $322.61 million, a PE ratio of 25.94 and a beta of 1.11. The stock has a 50-day simple moving average of $37.72 and a 200-day simple moving average of $34.98.

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.