Inspire Corporate Bond ETF (NYSEARCA:IBD) Stock Price Down 0.2% – Should You Sell?

Shares of Inspire Corporate Bond ETF (NYSEARCA:IBDGet Free Report) fell 0.2% on Friday . The company traded as low as $23.42 and last traded at $23.44. 20,244 shares were traded during mid-day trading, a decline of 75% from the average session volume of 82,560 shares. The stock had previously closed at $23.48.

Inspire Corporate Bond ETF Stock Down 0.2 %

The company has a 50 day moving average price of $23.67 and a 200-day moving average price of $23.76.

Institutional Investors Weigh In On Inspire Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IBD. JPMorgan Chase & Co. acquired a new stake in shares of Inspire Corporate Bond ETF during the 3rd quarter valued at $1,611,000. Creative Financial Designs Inc. ADV raised its position in Inspire Corporate Bond ETF by 20.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 667,785 shares of the company’s stock valued at $16,080,000 after purchasing an additional 112,635 shares during the last quarter. Vicus Capital boosted its stake in shares of Inspire Corporate Bond ETF by 12.3% during the third quarter. Vicus Capital now owns 69,130 shares of the company’s stock valued at $1,665,000 after purchasing an additional 7,577 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Inspire Corporate Bond ETF by 343.7% during the second quarter. EverSource Wealth Advisors LLC now owns 49,029 shares of the company’s stock worth $1,160,000 after purchasing an additional 37,979 shares during the last quarter.

About Inspire Corporate Bond ETF

(Get Free Report)

The Inspire Corporate Bond Impact ESG ETF (IBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer. IBD was launched on Jul 10, 2017 and is managed by Inspire.

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