Park Avenue Securities LLC Makes New Investment in EA Bridgeway Blue Chip ETF $BBLU

Park Avenue Securities LLC acquired a new position in shares of EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) in the third quarter, Holdings Channel reports. The fund acquired 39,438 shares of the company’s stock, valued at approximately $675,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BBLU. Arete Wealth Advisors LLC boosted its position in shares of EA Bridgeway Blue Chip ETF by 2.5% during the 1st quarter. Arete Wealth Advisors LLC now owns 102,121 shares of the company’s stock valued at $1,504,000 after acquiring an additional 2,453 shares in the last quarter. Stephens Inc. AR raised its position in EA Bridgeway Blue Chip ETF by 44.6% in the first quarter. Stephens Inc. AR now owns 16,701 shares of the company’s stock worth $247,000 after purchasing an additional 5,151 shares in the last quarter. Capital Wealth Management LLC grew its stake in shares of EA Bridgeway Blue Chip ETF by 49.6% in the 2nd quarter. Capital Wealth Management LLC now owns 16,190 shares of the company’s stock valued at $267,000 after purchasing an additional 5,365 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of EA Bridgeway Blue Chip ETF by 6.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 133,370 shares of the company’s stock valued at $2,201,000 after purchasing an additional 8,043 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of EA Bridgeway Blue Chip ETF in the 2nd quarter valued at approximately $175,000. 2.80% of the stock is owned by institutional investors.

EA Bridgeway Blue Chip ETF Trading Up 2.1%

Shares of BBLU opened at $17.93 on Thursday. EA Bridgeway Blue Chip ETF has a 1 year low of $14.34 and a 1 year high of $17.94. The stock has a 50 day simple moving average of $17.47 and a 200-day simple moving average of $16.37. The stock has a market cap of $496.66 million, a PE ratio of -54.33 and a beta of 0.89.

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.