Janney Montgomery Scott LLC Has $1.01 Million Position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU)

Janney Montgomery Scott LLC raised its position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 44.3% in the third quarter, HoldingsChannel.com reports. The fund owned 79,706 shares of the company’s stock after purchasing an additional 24,479 shares during the quarter. Janney Montgomery Scott LLC’s holdings in EA Bridgeway Blue Chip ETF were worth $1,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in BBLU. Envestnet Asset Management Inc. lifted its stake in EA Bridgeway Blue Chip ETF by 343.9% in the second quarter. Envestnet Asset Management Inc. now owns 489,156 shares of the company’s stock valued at $5,899,000 after acquiring an additional 378,965 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in EA Bridgeway Blue Chip ETF by 87.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 282,777 shares of the company’s stock valued at $3,410,000 after acquiring an additional 132,139 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of EA Bridgeway Blue Chip ETF by 139.9% during the 2nd quarter. Cetera Investment Advisers now owns 87,731 shares of the company’s stock worth $1,058,000 after buying an additional 51,163 shares during the last quarter. Magnolia Capital Advisors LLC acquired a new stake in shares of EA Bridgeway Blue Chip ETF during the 2nd quarter worth about $216,000. Finally, Thoroughbred Financial Services LLC lifted its stake in shares of EA Bridgeway Blue Chip ETF by 107.7% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 34,425 shares of the company’s stock worth $415,000 after buying an additional 17,849 shares during the last quarter.

EA Bridgeway Blue Chip ETF Stock Performance

NYSEARCA BBLU opened at $13.09 on Friday. The firm has a 50-day moving average of $12.77 and a 200-day moving average of $12.25. The stock has a market cap of $180.64 million, a PE ratio of 24.56 and a beta of 0.90. EA Bridgeway Blue Chip ETF has a 52-week low of $10.02 and a 52-week high of $13.38.

EA Bridgeway Blue Chip ETF 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.