Mercer Global Advisors Inc. ADV Takes Position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU)

Mercer Global Advisors Inc. ADV acquired a new stake in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 64,375 shares of the company’s stock, valued at approximately $518,000.

A number of other hedge funds have also modified their holdings of the company. TIAA FSB purchased a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter worth about $93,000. Flagship Harbor Advisors LLC purchased a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter worth about $99,000. Baldrige Asset Management LLC purchased a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter worth about $152,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter worth about $172,000. Finally, UBS Group AG purchased a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter worth about $255,000.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of BBLU opened at $9.12 on Monday. The stock’s 50-day moving average price is $8.83 and its 200-day moving average price is $9.25. EA Bridgeway Blue Chip ETF has a 52 week low of $7.88 and a 52 week high of $11.26.

About EA Bridgeway Blue Chip ETF

(Get Rating)

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.