Newbridge Financial Services Group Inc. Acquires 32,200 Shares of iShares Ethereum Trust ETF $ETHA

Newbridge Financial Services Group Inc. raised its position in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 395.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 40,350 shares of the company’s stock after acquiring an additional 32,200 shares during the period. Newbridge Financial Services Group Inc.’s holdings in iShares Ethereum Trust ETF were worth $905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Schonfeld Strategic Advisors LLC raised its stake in shares of iShares Ethereum Trust ETF by 141.9% in the third quarter. Schonfeld Strategic Advisors LLC now owns 10,712,591 shares of the company’s stock valued at $337,554,000 after buying an additional 6,283,778 shares during the period. Capula Management Ltd raised its stake in shares of iShares Ethereum Trust ETF by 65.6% in the third quarter. Capula Management Ltd now owns 8,868,485 shares of the company’s stock valued at $279,446,000 after buying an additional 3,513,685 shares during the period. Farallon Capital Management LLC bought a new stake in shares of iShares Ethereum Trust ETF in the third quarter valued at $234,773,000. BlueCrest Capital Management Ltd bought a new stake in shares of iShares Ethereum Trust ETF in the second quarter valued at $28,605,000. Finally, Cerity Partners LLC raised its stake in shares of iShares Ethereum Trust ETF by 28.9% in the third quarter. Cerity Partners LLC now owns 1,009,622 shares of the company’s stock valued at $31,813,000 after buying an additional 226,614 shares during the period.

iShares Ethereum Trust ETF Stock Performance

Shares of ETHA opened at $16.20 on Tuesday. The stock’s fifty day moving average price is $16.10 and its two-hundred day moving average price is $22.53. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year high of $36.80.

iShares Ethereum Trust ETF Company Profile

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.