Integrity Wealth Partners LLC Takes Position in Grayscale Ethereum Mini Trust ETF $ETH

Integrity Wealth Partners LLC bought a new position in shares of Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) during the first quarter, HoldingsChannel reports. The firm bought 35,290 shares of the company’s stock, valued at approximately $707,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC increased its stake in Grayscale Ethereum Mini Trust ETF by 8.0% during the first quarter. Kestra Private Wealth Services LLC now owns 11,290 shares of the company’s stock valued at $224,000 after acquiring an additional 835 shares during the period. PFG Investments LLC lifted its position in shares of Grayscale Ethereum Mini Trust ETF by 97.2% in the 1st quarter. PFG Investments LLC now owns 15,155 shares of the company’s stock worth $301,000 after acquiring an additional 7,470 shares during the period. SJS Investment Consulting Inc. lifted its position in shares of Grayscale Ethereum Mini Trust ETF by 46,640.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 23,370 shares of the company’s stock worth $464,000 after acquiring an additional 23,320 shares during the period. TigerOak Management L.L.C. grew its holdings in shares of Grayscale Ethereum Mini Trust ETF by 14.9% during the 1st quarter. TigerOak Management L.L.C. now owns 32,705 shares of the company’s stock worth $650,000 after purchasing an additional 4,238 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in shares of Grayscale Ethereum Mini Trust ETF by 27.3% during the 1st quarter. AdvisorNet Financial Inc now owns 34,582 shares of the company’s stock worth $687,000 after purchasing an additional 7,414 shares in the last quarter. 77.84% of the stock is owned by institutional investors and hedge funds.

Grayscale Ethereum Mini Trust ETF Stock Performance

ETH opened at $16.18 on Friday. The stock has a market cap of $1.55 billion, a PE ratio of 6.86 and a beta of 2.60. Grayscale Ethereum Mini Trust ETF has a 1 year low of $14.53 and a 1 year high of $45.78. The stock’s 50 day simple moving average is $18.56 and its 200-day simple moving average is $21.61.

Grayscale Ethereum Mini Trust ETF Company Profile

The Grayscale Ethereum Mini Trust ETF (ETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETH was launched on Apr 23, 2024 and is issued by Grayscale.