Lido Advisors LLC Grows Position in iShares Ethereum Trust ETF $ETHA

Lido Advisors LLC increased its holdings in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 725.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,738 shares of the company’s stock after acquiring an additional 86,773 shares during the quarter. Lido Advisors LLC owned approximately 0.05% of iShares Ethereum Trust ETF worth $2,322,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp purchased a new stake in iShares Ethereum Trust ETF in the third quarter worth about $26,000. KERR FINANCIAL PLANNING Corp purchased a new stake in iShares Ethereum Trust ETF in the third quarter worth about $28,000. Ancora Advisors LLC purchased a new stake in iShares Ethereum Trust ETF in the third quarter worth about $36,000. Tucker Asset Management LLC purchased a new stake in iShares Ethereum Trust ETF in the fourth quarter worth about $39,000. Finally, Avalon Trust Co purchased a new stake in iShares Ethereum Trust ETF in the third quarter worth about $41,000.

iShares Ethereum Trust ETF Stock Up 7.2%

NASDAQ:ETHA opened at $12.72 on Tuesday. iShares Ethereum Trust ETF has a 1-year low of $11.62 and a 1-year high of $36.80. The company has a 50-day moving average of $16.33 and a 200 day moving average of $18.58.

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.