Farallon Capital Management LLC Invests $234.77 Million in iShares Ethereum Trust ETF $ETHA

Farallon Capital Management LLC acquired a new stake in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 7,450,730 shares of the company’s stock, valued at approximately $234,773,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Wealth Management Group LLC bought a new stake in iShares Ethereum Trust ETF during the 3rd quarter worth approximately $26,000. Atlantic Union Bankshares Corp bought a new position in iShares Ethereum Trust ETF in the third quarter valued at approximately $26,000. Activest Wealth Management boosted its holdings in shares of iShares Ethereum Trust ETF by 252.7% in the third quarter. Activest Wealth Management now owns 864 shares of the company’s stock valued at $27,000 after buying an additional 619 shares during the period. Princeton Global Asset Management LLC acquired a new position in shares of iShares Ethereum Trust ETF in the third quarter valued at approximately $31,000. Finally, Toth Financial Advisory Corp bought a new stake in shares of iShares Ethereum Trust ETF during the third quarter worth $32,000.

iShares Ethereum Trust ETF Stock Performance

Shares of NASDAQ:ETHA opened at $15.89 on Monday. iShares Ethereum Trust ETF has a 12 month low of $10.99 and a 12 month high of $36.80. The company’s fifty day simple moving average is $18.52 and its 200 day simple moving average is $24.48.

About iShares Ethereum Trust ETF

The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.