Aurora Private Wealth Inc. acquired a new stake in Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,265 shares of the company’s stock, valued at approximately $859,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nwam LLC raised its position in Grayscale Ethereum Trust ETF by 128.6% in the third quarter. Nwam LLC now owns 96,624 shares of the company’s stock worth $3,020,000 after acquiring an additional 54,359 shares in the last quarter. Global Retirement Partners LLC raised its position in Grayscale Ethereum Trust ETF by 234.9% in the third quarter. Global Retirement Partners LLC now owns 60,280 shares of the company’s stock worth $2,066,000 after acquiring an additional 42,279 shares in the last quarter. Synovus Financial Corp increased its stake in Grayscale Ethereum Trust ETF by 112.0% in the 3rd quarter. Synovus Financial Corp now owns 99,549 shares of the company’s stock worth $3,412,000 after purchasing an additional 52,593 shares in the last quarter. WESPAC Advisors LLC purchased a new position in Grayscale Ethereum Trust ETF in the 3rd quarter worth about $846,000. Finally, Bosman Wealth Management LLC purchased a new position in Grayscale Ethereum Trust ETF in the 3rd quarter worth about $797,000.
Grayscale Ethereum Trust ETF Trading Up 2.1%
Shares of ETHE opened at $18.72 on Friday. The business’s 50-day moving average price is $17.52 and its 200 day moving average price is $22.41. The stock has a market capitalization of $1.98 billion, a P/E ratio of 2.06 and a beta of 2.74. Grayscale Ethereum Trust ETF has a 1-year low of $14.55 and a 1-year high of $40.13.
Grayscale Ethereum Trust ETF Profile
Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.
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