JPMorgan Chase & Co. Takes $1.61 Million Position in Inspire Corporate Bond ETF (NYSEARCA:IBD)

JPMorgan Chase & Co. bought a new position in Inspire Corporate Bond ETF (NYSEARCA:IBD) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 66,904 shares of the company’s stock, valued at approximately $1,611,000. JPMorgan Chase & Co. owned about 0.53% of Inspire Corporate Bond ETF as of its most recent SEC filing.

Separately, Creative Financial Designs Inc. ADV raised its holdings in shares of Inspire Corporate Bond ETF by 20.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 667,785 shares of the company’s stock valued at $16,080,000 after acquiring an additional 112,635 shares during the last quarter.

Inspire Corporate Bond ETF Price Performance

Shares of Inspire Corporate Bond ETF stock opened at $23.48 on Friday. The business has a 50 day simple moving average of $23.60 and a two-hundred day simple moving average of $23.77. Inspire Corporate Bond ETF has a 12 month low of $22.99 and a 12 month high of $25.49.

Inspire Corporate Bond ETF Profile

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.