Sterling Investment Advisors LLC ADV Takes Position in iShares Ethereum Trust ETF $ETHA

Sterling Investment Advisors LLC ADV purchased a new position in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 223,094 shares of the company’s stock, valued at approximately $7,030,000. iShares Ethereum Trust ETF comprises about 3.5% of Sterling Investment Advisors LLC ADV’s holdings, making the stock its 10th largest holding. Sterling Investment Advisors LLC ADV owned approximately 0.12% of iShares Ethereum Trust ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE purchased a new position in iShares Ethereum Trust ETF in the fourth quarter worth approximately $94,000. NewEdge Advisors LLC purchased a new stake in iShares Ethereum Trust ETF in the first quarter valued at $174,000. Parallel Advisors LLC lifted its stake in shares of iShares Ethereum Trust ETF by 58.5% in the 2nd quarter. Parallel Advisors LLC now owns 14,372 shares of the company’s stock valued at $274,000 after purchasing an additional 5,305 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of iShares Ethereum Trust ETF in the 2nd quarter valued at $680,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares Ethereum Trust ETF by 250.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 16,855 shares of the company’s stock worth $321,000 after purchasing an additional 12,046 shares during the period.

iShares Ethereum Trust ETF Price Performance

Shares of NASDAQ:ETHA opened at $24.88 on Monday. iShares Ethereum Trust ETF has a 12-month low of $10.99 and a 12-month high of $36.80. The business has a 50-day moving average price of $23.24 and a 200 day moving average price of $27.61.

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.