EverSource Wealth Advisors LLC Lowers Stake in Inspire 100 ETF $BIBL

EverSource Wealth Advisors LLC cut its stake in Inspire 100 ETF (NYSEARCA:BIBL) by 44.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,576 shares of the company’s stock after selling 39,032 shares during the period. EverSource Wealth Advisors LLC owned about 0.60% of Inspire 100 ETF worth $2,290,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. United Capital Financial Advisors LLC boosted its position in Inspire 100 ETF by 24.8% in the 3rd quarter. United Capital Financial Advisors LLC now owns 112,426 shares of the company’s stock valued at $4,995,000 after buying an additional 22,357 shares during the period. NewEdge Advisors LLC raised its stake in shares of Inspire 100 ETF by 16.8% during the third quarter. NewEdge Advisors LLC now owns 2,044 shares of the company’s stock valued at $91,000 after acquiring an additional 294 shares in the last quarter. Community Financial Services Group LLC raised its stake in shares of Inspire 100 ETF by 13.3% during the fourth quarter. Community Financial Services Group LLC now owns 5,180 shares of the company’s stock valued at $234,000 after acquiring an additional 607 shares in the last quarter. Vicus Capital boosted its holdings in shares of Inspire 100 ETF by 2.7% in the fourth quarter. Vicus Capital now owns 36,119 shares of the company’s stock valued at $1,630,000 after purchasing an additional 944 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Inspire 100 ETF by 62.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,296 shares of the company’s stock valued at $58,000 after purchasing an additional 500 shares during the period.

Inspire 100 ETF Stock Down 2.8%

Shares of NYSEARCA:BIBL opened at $53.21 on Thursday. The business’s 50 day moving average is $55.40 and its 200 day moving average is $51.68. The stock has a market cap of $473.57 million, a P/E ratio of 25.68 and a beta of 1.10. Inspire 100 ETF has a 52-week low of $41.43 and a 52-week high of $58.17.

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.