Inspire Corporate Bond ETF (NYSEARCA:IBD – Get Rating)’s share price dropped 0.2% during mid-day trading on Friday . The stock traded as low as $23.43 and last traded at $23.45. Approximately 40,459 shares were traded during trading, a decline of 45% from the average daily volume of 74,225 shares. The stock had previously closed at $23.49.
Inspire Corporate Bond ETF Price Performance
The company has a 50-day moving average price of $23.19 and a 200-day moving average price of $23.02.
Institutional Investors Weigh In On Inspire Corporate Bond ETF
Institutional investors have recently bought and sold shares of the stock. James Investment Research Inc. lifted its holdings in Inspire Corporate Bond ETF by 18.5% in the 3rd quarter. James Investment Research Inc. now owns 3,208 shares of the company’s stock worth $73,000 after buying an additional 500 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in Inspire Corporate Bond ETF by 2.6% in the third quarter. Creative Financial Designs Inc. ADV now owns 204,843 shares of the company’s stock worth $4,636,000 after purchasing an additional 5,146 shares during the period. Absolute Capital Management LLC bought a new stake in Inspire Corporate Bond ETF during the third quarter worth approximately $71,000. Jane Street Group LLC acquired a new stake in Inspire Corporate Bond ETF during the 2nd quarter worth about $2,531,000. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in Inspire Corporate Bond ETF by 6.0% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 54,213 shares of the company’s stock worth $1,322,000 after acquiring an additional 3,083 shares in the last quarter.
About Inspire Corporate Bond ETF
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.
See Also
- Get a free copy of the StockNews.com research report on Inspire Corporate Bond ETF (IBD)
- MarketBeat Week in Review – 4/3 – 4/7
- Costco Sales Disappoint, Markets Are Missing This Upside Driver
- First Republic Bank Is A Speculative Play, Here’s Why
- The WD-40 Company Bottoms With Reversal In Sight
- 3 Low-Cost Stock ETFs That Are Crushing It This Year
Receive News & Ratings for Inspire Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inspire Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
