2x Ether ETF (NYSEARCA:ETHU – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $19.36, but opened at $21.30. 2x Ether ETF shares last traded at $21.72, with a volume of 3,407,373 shares.
2x Ether ETF Stock Performance
The business has a 50-day moving average of $55.22 and a 200 day moving average of $98.74.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in shares of 2x Ether ETF in the 3rd quarter valued at about $28,000. Beaumont Financial Advisors LLC acquired a new stake in 2x Ether ETF during the 3rd quarter valued at $376,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of 2x Ether ETF during the third quarter worth about $690,000. FNY Investment Advisers LLC acquired a new position in shares of 2x Ether ETF in the 3rd quarter valued at approximately $844,000. Finally, Flow Traders U.S. LLC bought a new position in 2x Ether ETF during the 2nd quarter valued at $2,071,000.
2x Ether ETF Company Profile
The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.
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