WFA Asset Management Corp Buys 118,148 Shares of EA Bridgeway Blue Chip ETF $BBLU

WFA Asset Management Corp increased its stake in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 10.9% in the third quarter, Holdings Channel reports. The firm owned 1,207,052 shares of the company’s stock after purchasing an additional 118,148 shares during the period. EA Bridgeway Blue Chip ETF comprises 10.0% of WFA Asset Management Corp’s holdings, making the stock its 2nd largest position. WFA Asset Management Corp owned 0.05% of EA Bridgeway Blue Chip ETF worth $18,141,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of BBLU. Stephens Inc. AR purchased a new position in shares of EA Bridgeway Blue Chip ETF in the second quarter worth $140,000. Farther Finance Advisors LLC purchased a new stake in shares of EA Bridgeway Blue Chip ETF during the third quarter valued at $189,000. Midwest Trust Co acquired a new position in shares of EA Bridgeway Blue Chip ETF in the 2nd quarter valued at $195,000. Jane Street Group LLC purchased a new position in EA Bridgeway Blue Chip ETF in the 1st quarter worth $204,000. Finally, Truist Financial Corp lifted its position in EA Bridgeway Blue Chip ETF by 15.4% during the 2nd quarter. Truist Financial Corp now owns 19,429 shares of the company’s stock worth $267,000 after acquiring an additional 2,600 shares during the period. Institutional investors and hedge funds own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of BBLU stock opened at $15.26 on Friday. EA Bridgeway Blue Chip ETF has a fifty-two week low of $11.01 and a fifty-two week high of $15.66. The firm has a market capitalization of $364.10 million, a PE ratio of -46.24 and a beta of 0.92. The stock’s 50-day simple moving average is $15.30 and its 200-day simple moving average is $14.88.

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.