EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Update

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 75,363 shares, a drop of 35.6% from the July 15th total of 117,072 shares. Based on an average daily volume of 61,545 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On EA Bridgeway Blue Chip ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers lifted its position in shares of EA Bridgeway Blue Chip ETF by 25.2% during the 1st quarter. Cetera Investment Advisers now owns 1,496,579 shares of the company’s stock valued at $22,090,000 after acquiring an additional 301,683 shares during the last quarter. Raymond James Financial Inc. grew its position in EA Bridgeway Blue Chip ETF by 62.4% during the second quarter. Raymond James Financial Inc. now owns 698,470 shares of the company’s stock valued at $9,607,000 after purchasing an additional 268,448 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of EA Bridgeway Blue Chip ETF by 105.1% in the first quarter. D.A. Davidson & CO. now owns 499,940 shares of the company’s stock worth $7,379,000 after acquiring an additional 256,152 shares during the last quarter. Royal Bank of Canada increased its position in EA Bridgeway Blue Chip ETF by 866.2% in the 4th quarter. Royal Bank of Canada now owns 166,971 shares of the company’s stock worth $2,548,000 after purchasing an additional 149,689 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in EA Bridgeway Blue Chip ETF by 16.2% in the fourth quarter. Osaic Holdings Inc. now owns 424,955 shares of the company’s stock worth $6,485,000 after buying an additional 59,252 shares during the last quarter. 2.80% of the stock is currently owned by institutional investors.

EA Bridgeway Blue Chip ETF Price Performance

NYSEARCA:BBLU opened at $17.29 on Tuesday. EA Bridgeway Blue Chip ETF has a 12-month low of $14.08 and a 12-month high of $17.53. The firm has a market capitalization of $457.84 million, a P/E ratio of -52.39 and a beta of 0.89. The business has a 50 day simple moving average of $16.77 and a 200 day simple moving average of $15.98.

EA Bridgeway Blue Chip ETF Company Profile

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.