Kane Investment Management Inc. Acquires 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% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 71,014 shares of the company’s stock after acquiring an additional 9,390 shares during the quarter. Kane Investment Management Inc.’s holdings in EA Bridgeway Blue Chip ETF were worth $977,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Financial Partners Group Inc bought a new stake in shares of EA Bridgeway Blue Chip ETF during the 1st quarter valued at about $195,000. Cetera Investment Advisers grew its stake in EA Bridgeway Blue Chip ETF by 77.7% in the first quarter. Cetera Investment Advisers now owns 439,307 shares of the company’s stock worth $5,610,000 after purchasing an additional 192,066 shares during the period. Thoroughbred Financial Services LLC lifted its position in EA Bridgeway Blue Chip ETF by 26.1% during the first quarter. Thoroughbred Financial Services LLC now owns 72,486 shares of the company’s stock valued at $925,000 after buying an additional 15,005 shares during the period. Jane Street Group LLC purchased a new position in EA Bridgeway Blue Chip ETF during the 1st quarter valued at about $204,000. Finally, Park Avenue Securities LLC raised its stake in 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 valued at $898,000 after buying an additional 20,286 shares during the last quarter. Institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Trading Down 0.3%

NYSEARCA BBLU opened at $15.27 on Friday. The stock’s fifty day moving average price is $15.15 and its 200-day moving average price is $14.14. The stock has a market cap of $335.63 million, a P/E ratio of -46.27 and a beta of 0.92. EA Bridgeway Blue Chip ETF has a 12 month low of $11.01 and a 12 month high of $15.66.

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.