D.A. Davidson & CO. Buys 256,152 Shares of EA Bridgeway Blue Chip ETF $BBLU

D.A. Davidson & CO. increased its stake in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 105.1% in the 1st quarter, Holdings Channel reports. The fund owned 499,940 shares of the company’s stock after buying an additional 256,152 shares during the quarter. D.A. Davidson & CO.’s holdings in EA Bridgeway Blue Chip ETF were worth $7,379,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of EA Bridgeway Blue Chip ETF during the 1st quarter valued at about $204,000. JPMorgan Chase & Co. purchased a new position in shares of EA Bridgeway Blue Chip ETF during the second quarter worth approximately $356,000. Raymond James Financial Inc. lifted its holdings in shares of EA Bridgeway Blue Chip ETF by 62.4% in the 2nd quarter. Raymond James Financial Inc. now owns 698,470 shares of the company’s stock worth $9,607,000 after acquiring an additional 268,448 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of EA Bridgeway Blue Chip ETF by 48.2% in the 2nd quarter. MML Investors Services LLC now owns 84,116 shares of the company’s stock worth $1,157,000 after acquiring an additional 27,346 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its stake in shares of EA Bridgeway Blue Chip ETF by 146.4% in the 3rd quarter. Susquehanna International Group LLP now owns 24,992 shares of the company’s stock valued at $376,000 after purchasing an additional 14,851 shares in the last quarter. Hedge funds and other institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Stock Performance

BBLU stock opened at $16.66 on Friday. EA Bridgeway Blue Chip ETF has a 52 week low of $13.80 and a 52 week high of $16.98. The firm’s fifty day moving average is $16.58 and its 200 day moving average is $15.72. The firm has a market cap of $436.66 million, a P/E ratio of -50.48 and a beta of 0.90.

About EA Bridgeway Blue Chip ETF

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.