Virtu Financial LLC Invests $6.93 Million in iShares Ethereum Trust ETF $ETHA

Virtu Financial LLC bought a new position in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the fourth quarter, Holdings Channel reports. The firm bought 308,945 shares of the company’s stock, valued at approximately $6,930,000. iShares Ethereum Trust ETF makes up approximately 0.3% of Virtu Financial LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ETHA. Connective Capital Management LLC boosted its stake in iShares Ethereum Trust ETF by 28.6% during the fourth quarter. Connective Capital Management LLC now owns 12,883 shares of the company’s stock valued at $289,000 after buying an additional 2,863 shares during the last quarter. Corient Private Wealth LLC increased its stake in iShares Ethereum Trust ETF by 35.5% in the 4th quarter. Corient Private Wealth LLC now owns 64,389 shares of the company’s stock worth $1,444,000 after acquiring an additional 16,857 shares during the last quarter. Strive Financial Group LLC bought a new stake in iShares Ethereum Trust ETF in the 4th quarter worth approximately $61,000. Galaxy Group Investments LLC purchased a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter worth approximately $13,630,000. Finally, Corecam AG purchased a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter worth approximately $1,483,000.

iShares Ethereum Trust ETF Trading Down 1.5%

NASDAQ ETHA opened at $12.88 on Friday. iShares Ethereum Trust ETF has a one year low of $11.62 and a one year high of $36.80. The stock has a 50 day moving average price of $15.89 and a 200-day moving average price of $18.05.

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.