Envestnet Asset Management Inc. Has $1.42 Million Position in EA Bridgeway Blue Chip ETF $BBLU

Envestnet Asset Management Inc. lifted its stake in shares of EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 5.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 103,404 shares of the company’s stock after buying an additional 5,095 shares during the quarter. Envestnet Asset Management Inc.’s holdings in EA Bridgeway Blue Chip ETF were worth $1,422,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. WFA Asset Management Corp raised its holdings in EA Bridgeway Blue Chip ETF by 57.8% in the 2nd quarter. WFA Asset Management Corp now owns 1,088,904 shares of the company’s stock valued at $14,977,000 after acquiring an additional 398,944 shares during the period. Cetera Investment Advisers boosted its holdings in shares of EA Bridgeway Blue Chip ETF by 77.7% during the first quarter. Cetera Investment Advisers now owns 439,307 shares of the company’s stock worth $5,610,000 after acquiring an additional 192,066 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of EA Bridgeway Blue Chip ETF by 11.8% in the second quarter. Concurrent Investment Advisors LLC now owns 107,751 shares of the company’s stock valued at $1,482,000 after purchasing an additional 11,401 shares during the last quarter. Thoroughbred Financial Services LLC increased its stake in shares of EA Bridgeway Blue Chip ETF by 26.1% during the first quarter. Thoroughbred Financial Services LLC now owns 72,486 shares of the company’s stock worth $925,000 after purchasing an additional 15,005 shares during the period. Finally, Park Avenue Securities LLC increased its stake in shares of EA Bridgeway Blue Chip ETF by 45.1% during the second quarter. Park Avenue Securities LLC now owns 65,256 shares of the company’s stock worth $898,000 after purchasing an additional 20,286 shares during the period. Institutional investors and hedge funds own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Price Performance

BBLU opened at $15.05 on Thursday. The business has a fifty day simple moving average of $15.18 and a 200 day simple moving average of $14.21. EA Bridgeway Blue Chip ETF has a 1 year low of $11.01 and a 1 year high of $15.66. The company has a market capitalization of $330.80 million, a PE ratio of -45.61 and a beta of 0.92.

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.