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

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

Separately, Vicus Capital boosted its holdings in Inspire Corporate Bond ETF by 12.3% in the 3rd 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.

Inspire Corporate Bond ETF Price Performance

Shares of NYSEARCA:IBD opened at $23.48 on Friday. The business’s 50 day simple moving average is $23.60 and its 200-day simple moving average is $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.