Ausdal Financial Partners Inc. Makes New Investment in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU)

Ausdal Financial Partners Inc. purchased a new stake in shares of EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 13,531 shares of the company’s stock, valued at approximately $177,000.

A number of other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its stake in EA Bridgeway Blue Chip ETF by 587.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 548,269 shares of the company’s stock valued at $7,155,000 after purchasing an additional 468,563 shares during the period. Raymond James Financial Inc. bought a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter valued at approximately $5,690,000. WFA Asset Management Corp boosted its position in shares of EA Bridgeway Blue Chip ETF by 10.2% in the fourth quarter. WFA Asset Management Corp now owns 1,330,340 shares of the company’s stock valued at $17,361,000 after acquiring an additional 123,288 shares during the period. Geneos Wealth Management Inc. bought a new position in EA Bridgeway Blue Chip ETF during the fourth quarter worth $928,000. Finally, GWN Securities Inc. bought a new position in EA Bridgeway Blue Chip ETF during the fourth quarter worth $673,000.

EA Bridgeway Blue Chip ETF Price Performance

Shares of EA Bridgeway Blue Chip ETF stock opened at $12.68 on Friday. The company has a market cap of $234.07 million, a PE ratio of 21.28 and a beta of 1.36. The firm has a fifty day moving average price of $13.22 and a two-hundred day moving average price of $13.08. EA Bridgeway Blue Chip ETF has a fifty-two week low of $11.09 and a fifty-two week high of $13.72.

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.