Ameritas Advisory Services LLC Decreases Stock Holdings in EA Bridgeway Blue Chip ETF $BBLU

Ameritas Advisory Services LLC lowered its stake in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 75.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 25,754 shares of the company’s stock after selling 78,374 shares during the period. Ameritas Advisory Services LLC’s holdings in EA Bridgeway Blue Chip ETF were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in EA Bridgeway Blue Chip ETF during the 1st quarter valued at $204,000. Stephens Inc. AR purchased a new position in shares of EA Bridgeway Blue Chip ETF in the 2nd quarter worth $140,000. WFA Asset Management Corp grew its holdings in shares of EA Bridgeway Blue Chip ETF by 57.8% in the second quarter. WFA Asset Management Corp now owns 1,088,904 shares of the company’s stock worth $14,977,000 after acquiring an additional 398,944 shares during the period. Envestnet Asset Management Inc. increased its position in EA Bridgeway Blue Chip ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 103,404 shares of the company’s stock valued at $1,422,000 after acquiring an additional 5,095 shares during the last quarter. Finally, Magnolia Capital Advisors LLC increased its position in EA Bridgeway Blue Chip ETF by 2.4% during the second quarter. Magnolia Capital Advisors LLC now owns 56,036 shares of the company’s stock valued at $771,000 after acquiring an additional 1,323 shares during the last quarter. Institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of NYSEARCA:BBLU opened at $15.18 on Tuesday. The stock has a market capitalization of $364.47 million, a price-to-earnings ratio of -46.00 and a beta of 0.92. The stock’s 50-day simple moving average is $15.32 and its two-hundred day simple moving average is $15.06. EA Bridgeway Blue Chip ETF has a 52-week low of $11.01 and a 52-week high of $15.66.

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.