Tucker Asset Management LLC Invests $2.29 Million in ProShares Short Ether ETF $SETH

Tucker Asset Management LLC bought a new stake in ProShares Short Ether ETF (NYSEARCA:SETH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 39,030 shares of the company’s stock, valued at approximately $2,286,000. ProShares Short Ether ETF makes up approximately 0.6% of Tucker Asset Management LLC’s holdings, making the stock its 24th biggest holding. Tucker Asset Management LLC owned approximately 11.48% of ProShares Short Ether ETF at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Advisory Services Network LLC acquired a new position in ProShares Short Ether ETF during the 2nd quarter worth about $1,847,000. Susquehanna International Group LLP acquired a new stake in ProShares Short Ether ETF in the 3rd quarter valued at about $96,000. Finally, Simplex Trading LLC raised its stake in shares of ProShares Short Ether ETF by 535.1% in the fourth quarter. Simplex Trading LLC now owns 1,594 shares of the company’s stock worth $67,000 after acquiring an additional 1,343 shares during the last quarter.

ProShares Short Ether ETF Price Performance

Shares of NYSEARCA SETH opened at $33.23 on Monday. ProShares Short Ether ETF has a 1-year low of $29.20 and a 1-year high of $62.82. The company has a 50-day moving average of $43.83 and a two-hundred day moving average of $47.41.

ProShares Short Ether ETF Company Profile

The ProShares Short Ether Strategy ETF (SETH) is an exchange-traded fund that is based on the Bloomberg Galaxy Ethereum index. The fund tracks the inverse (-1x) daily price movements of its underlying index. The fund aims to profit from the price decline of Ether SETH was launched on Nov 2, 2023 and is issued by ProShares.