Gallacher Capital Management LLC Takes $1.50 Million Position in iShares Ethereum Trust ETF $ETHA

Gallacher Capital Management LLC acquired a new position in iShares Ethereum Trust ETF (NASDAQ:ETHA) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 47,667 shares of the company’s stock, valued at approximately $1,502,000. iShares Ethereum Trust ETF accounts for about 0.6% of Gallacher Capital Management LLC’s portfolio, making the stock its 27th largest holding.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in shares of iShares Ethereum Trust ETF in the 4th quarter valued at $94,000. NewEdge Advisors LLC bought a new position in iShares Ethereum Trust ETF in the first quarter valued at about $174,000. Capital Advisors Inc. OK bought a new position in iShares Ethereum Trust ETF in the second quarter valued at about $334,000. Kingswood Wealth Advisors LLC increased its position in iShares Ethereum Trust ETF by 11.2% in the second quarter. Kingswood Wealth Advisors LLC now owns 68,777 shares of the company’s stock worth $1,312,000 after purchasing an additional 6,940 shares during the period. Finally, Fluent Financial LLC bought a new stake in iShares Ethereum Trust ETF during the 2nd quarter worth about $675,000.

iShares Ethereum Trust ETF Stock Performance

iShares Ethereum Trust ETF stock opened at $17.34 on Wednesday. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year high of $36.80. The company’s 50-day moving average is $22.77 and its two-hundred day moving average is $27.55.

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.