Kane Investment Management Inc. Purchases 9,390 Shares of EA Bridgeway Blue Chip ETF $BBLU

Kane Investment Management Inc. grew its holdings in shares of EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 15.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,014 shares of the company’s stock after purchasing an additional 9,390 shares during the quarter. Kane Investment Management Inc. owned about 0.35% of EA Bridgeway Blue Chip ETF worth $977,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of BBLU. WFA Asset Management Corp lifted its position in shares of EA Bridgeway Blue Chip ETF by 57.8% during 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 in the last quarter. Cetera Investment Advisers increased its position in shares of EA Bridgeway Blue Chip ETF by 77.7% during the first quarter. Cetera Investment Advisers now owns 439,307 shares of the company’s stock valued at $5,610,000 after buying an additional 192,066 shares during the period. Allworth Financial LP lifted its holdings in shares of EA Bridgeway Blue Chip ETF by 0.3% in the second quarter. Allworth Financial LP now owns 407,694 shares of the company’s stock worth $5,607,000 after buying an additional 1,383 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of EA Bridgeway Blue Chip ETF by 11.8% in the second quarter. Concurrent Investment Advisors LLC now owns 107,751 shares of the company’s stock valued at $1,482,000 after acquiring an additional 11,401 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of 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 worth $1,422,000 after purchasing an additional 5,095 shares in the last quarter. Institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Price Performance

Shares of EA Bridgeway Blue Chip ETF stock opened at $15.27 on Friday. EA Bridgeway Blue Chip ETF has a 1 year low of $11.01 and a 1 year high of $15.66. The firm has a market cap of $335.63 million, a PE ratio of -46.27 and a beta of 0.92. The company has a 50 day simple moving average of $15.15 and a two-hundred day simple moving average of $14.14.

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.