Galaxy Digital Inc. Makes New Investment in Invesco Galaxy Ethereum ETF $QETH

Galaxy Digital Inc. acquired a new stake in Invesco Galaxy Ethereum ETF (BATS:QETH) in the 1st quarter, HoldingsChannel reports. The fund acquired 290,000 shares of the company’s stock, valued at approximately $6,052,000. Invesco Galaxy Ethereum ETF makes up 0.5% of Galaxy Digital Inc.’s investment portfolio, making the stock its 17th largest holding. Galaxy Digital Inc. owned about 0.32% of Invesco Galaxy Ethereum ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of QETH. Brookstone Capital Management grew its holdings in Invesco Galaxy Ethereum ETF by 21.3% during the fourth quarter. Brookstone Capital Management now owns 11,417 shares of the company’s stock worth $338,000 after acquiring an additional 2,002 shares during the period. Meitav Investment House Ltd. lifted its holdings in Invesco Galaxy Ethereum ETF by 10.9% in the first quarter. Meitav Investment House Ltd. now owns 40,222 shares of the company’s stock valued at $839,000 after acquiring an additional 3,940 shares during the period. Virtu Financial LLC lifted its holdings in Invesco Galaxy Ethereum ETF by 28.9% in the third quarter. Virtu Financial LLC now owns 70,507 shares of the company’s stock valued at $2,926,000 after acquiring an additional 15,828 shares during the period. Jane Street Group LLC boosted its position in Invesco Galaxy Ethereum ETF by 666.0% in the 2nd quarter. Jane Street Group LLC now owns 83,341 shares of the company’s stock worth $2,096,000 after purchasing an additional 72,461 shares in the last quarter. Finally, Galaxy Group Investments LLC acquired a new stake in shares of Invesco Galaxy Ethereum ETF during the 4th quarter worth approximately $8,575,000.

Invesco Galaxy Ethereum ETF Stock Down 0.7%

Shares of BATS QETH opened at $18.51 on Friday. The firm’s 50 day simple moving average is $18.08 and its 200-day simple moving average is $21.61. Invesco Galaxy Ethereum ETF has a 12 month low of $15.25 and a 12 month high of $48.44.

Invesco Galaxy Ethereum ETF Company Profile

The Invesco Galaxy Ethereum ETF (QETH) 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 then trust expenses and other liabilities. QETH was launched on Jul 23, 2024 and is issued by Invesco.