iShares Ethereum Trust ETF (NASDAQ:ETHA – Get Free Report) was the target of some unusual options trading activity on Friday. Stock traders bought 276,619 put options on the stock. This is an increase of 106% compared to the average daily volume of 134,530 put options.
Hedge Funds Weigh In On iShares Ethereum Trust ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Whitener Capital Management Inc. acquired a new stake in iShares Ethereum Trust ETF during the 2nd quarter worth about $141,000. Wealth Group Ltd purchased a new position in shares of iShares Ethereum Trust ETF in the second quarter worth approximately $134,000. Sterling Investment Advisors LLC ADV grew its position in iShares Ethereum Trust ETF by 3.4% during the 2nd quarter. Sterling Investment Advisors LLC ADV now owns 439,332 shares of the company’s stock worth $5,224,000 after purchasing an additional 14,325 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in iShares Ethereum Trust ETF by 40.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 44,229 shares of the company’s stock valued at $526,000 after buying an additional 12,813 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. lifted its position in shares of iShares Ethereum Trust ETF by 14.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 144,765 shares of the company’s stock worth $1,721,000 after purchasing an additional 18,342 shares in the last quarter.
iShares Ethereum Trust ETF Price Performance
Shares of NASDAQ ETHA traded down $0.39 during trading on Friday, hitting $14.12. The company had a trading volume of 29,791,274 shares, compared to its average volume of 35,370,457. iShares Ethereum Trust ETF has a 52 week low of $11.52 and a 52 week high of $36.80. The business’s 50-day moving average is $13.60 and its 200 day moving average is $16.04.
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.
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