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

Ameritas Advisory Services LLC reduced its stake in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 27.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,128 shares of the company’s stock after selling 39,288 shares during the period. Ameritas Advisory Services LLC’s holdings in EA Bridgeway Blue Chip ETF were worth $1,432,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Truist Financial Corp grew its position in shares of EA Bridgeway Blue Chip ETF by 15.4% in the 2nd quarter. Truist Financial Corp now owns 19,429 shares of the company’s stock valued at $267,000 after buying an additional 2,600 shares during the last quarter. Park Avenue Securities LLC grew its holdings 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 last quarter. Jane Street Group LLC purchased a new position in shares of EA Bridgeway Blue Chip ETF during the first quarter worth about $204,000. Thoroughbred Financial Services LLC grew its stake in EA Bridgeway Blue Chip ETF by 26.1% during the 1st quarter. Thoroughbred Financial Services LLC now owns 72,486 shares of the company’s stock worth $925,000 after buying an additional 15,005 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in EA Bridgeway Blue Chip ETF by 77.7% during the 1st quarter. Cetera Investment Advisers now owns 439,307 shares of the company’s stock worth $5,610,000 after buying an additional 192,066 shares during the last quarter. 2.80% of the stock is owned by hedge funds and other institutional investors.

EA Bridgeway Blue Chip ETF Stock Down 0.3%

NYSEARCA:BBLU opened at $15.04 on Friday. The stock’s 50 day moving average price is $14.52 and its 200 day moving average price is $13.51. The company has a market capitalization of $321.25 million, a PE ratio of -45.58 and a beta of -0.94. EA Bridgeway Blue Chip ETF has a 52-week low of $11.01 and a 52-week high of $15.13.

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.