Genesis Financial Group LLC Acquires New Position in Grayscale Ethereum Trust ETF $ETHE

Genesis Financial Group LLC acquired a new position in shares of Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 42,905 shares of the company’s stock, valued at approximately $1,046,000.

Other large investors have also recently bought and sold shares of the company. Brown Advisory Inc. grew its holdings in shares of Grayscale Ethereum Trust ETF by 2.3% during the second quarter. Brown Advisory Inc. now owns 18,833 shares of the company’s stock valued at $393,000 after purchasing an additional 417 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Grayscale Ethereum Trust ETF by 10.0% in the 3rd quarter. North Star Investment Management Corp. now owns 5,222 shares of the company’s stock worth $179,000 after purchasing an additional 473 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Grayscale Ethereum Trust ETF by 2.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 19,794 shares of the company’s stock worth $678,000 after purchasing an additional 481 shares during the last quarter. Rothschild Investment LLC boosted its position in Grayscale Ethereum Trust ETF by 2.0% during the 3rd quarter. Rothschild Investment LLC now owns 25,784 shares of the company’s stock valued at $884,000 after purchasing an additional 500 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in Grayscale Ethereum Trust ETF by 24.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,019 shares of the company’s stock valued at $103,000 after purchasing an additional 585 shares during the period.

Grayscale Ethereum Trust ETF Price Performance

Shares of ETHE opened at $16.80 on Friday. Grayscale Ethereum Trust ETF has a 12 month low of $12.10 and a 12 month high of $40.13. The stock has a fifty day moving average price of $17.64 and a 200 day moving average price of $24.89. The company has a market cap of $1.77 billion, a P/E ratio of 2.06 and a beta of 4.48.

About Grayscale Ethereum Trust ETF

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.