Frontier Asset Management LLC Cuts Position in Inspire 100 ETF (NYSEARCA:BIBL)

Frontier Asset Management LLC lessened its position in shares of Inspire 100 ETF (NYSEARCA:BIBL) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,893 shares of the company’s stock after selling 260 shares during the quarter. Frontier Asset Management LLC owned about 0.21% of Inspire 100 ETF worth $735,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Vicus Capital lifted its stake in shares of Inspire 100 ETF by 3.1% in the 4th quarter. Vicus Capital now owns 31,897 shares of the company’s stock valued at $1,241,000 after purchasing an additional 954 shares during the last quarter. Fiduciary Alliance LLC lifted its stake in shares of Inspire 100 ETF by 2.2% in the 4th quarter. Fiduciary Alliance LLC now owns 63,735 shares of the company’s stock valued at $2,480,000 after purchasing an additional 1,344 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its stake in shares of Inspire 100 ETF by 53.1% in the 4th quarter. Strategic Blueprint LLC now owns 15,474 shares of the company’s stock valued at $602,000 after purchasing an additional 5,364 shares during the last quarter.

Inspire 100 ETF Stock Performance

Shares of BIBL stock opened at $39.46 on Friday. Inspire 100 ETF has a 52-week low of $35.98 and a 52-week high of $42.48. The firm has a market capitalization of $307.79 million, a P/E ratio of 26.87 and a beta of 1.05. The stock has a 50 day moving average price of $40.54 and a 200 day moving average price of $40.50.

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.