Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Gap Down – Should You Sell?

Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) shares gapped down before the market opened on Thursday . The stock had previously closed at $27.54, but opened at $26.14. Grayscale Ethereum Trust (ETH) shares last traded at $26.12, with a volume of 2,089,701 shares traded.

Grayscale Ethereum Trust (ETH) Stock Down 3.9%

The stock has a 50 day simple moving average of $29.36 and a two-hundred day simple moving average of $29.25.

Institutional Investors Weigh In On Grayscale Ethereum Trust (ETH)

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. DRW Securities LLC boosted its holdings in Grayscale Ethereum Trust (ETH) by 226.1% in the first quarter. DRW Securities LLC now owns 1,514,618 shares of the company’s stock valued at $23,052,000 after acquiring an additional 1,050,147 shares during the last quarter. IMC Chicago LLC increased its position in Grayscale Ethereum Trust (ETH) by 73,337.7% during the 3rd quarter. IMC Chicago LLC now owns 202,136 shares of the company’s stock worth $6,927,000 after purchasing an additional 202,412 shares in the last quarter. Jump Financial LLC purchased a new position in Grayscale Ethereum Trust (ETH) in the third quarter valued at approximately $5,422,000. StoneX Group Inc. lifted its position in Grayscale Ethereum Trust (ETH) by 510.5% during the second quarter. StoneX Group Inc. now owns 134,015 shares of the company’s stock valued at $2,796,000 after buying an additional 112,063 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Grayscale Ethereum Trust (ETH) by 0.8% during the third quarter. Private Advisor Group LLC now owns 133,717 shares of the company’s stock worth $4,582,000 after buying an additional 1,007 shares during the period.

Grayscale Ethereum Trust (ETH) Company Profile

crossword cybersecurity is a technology commercialisation company focusing exclusively on the cyber security sector. we work with research intensive european university partners to identify promising cyber security intellectual property (“ip”​) from research that our industry partners tell us meet emerging real-world challenges.