iShares Ethereum Trust ETF Sees Unusually High Options Volume (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of unusually large options trading activity on Thursday. Stock investors bought 162,777 put options on the company. This represents an increase of 27% compared to the average volume of 128,198 put options.

iShares Ethereum Trust ETF Trading Down 2.5%

Shares of NASDAQ:ETHA traded down $0.33 during midday trading on Thursday, reaching $12.74. 11,593,817 shares of the company were exchanged, compared to its average volume of 36,665,230. iShares Ethereum Trust ETF has a fifty-two week low of $11.62 and a fifty-two week high of $36.80. The stock has a fifty day simple moving average of $15.95 and a two-hundred day simple moving average of $18.12.

Institutional Investors Weigh In On iShares Ethereum Trust ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Ethereum Trust ETF during the third quarter worth $28,000. Colonial Trust Advisors acquired a new stake in shares of iShares Ethereum Trust ETF during the fourth quarter worth $25,000. Ancora Advisors LLC acquired a new stake in iShares Ethereum Trust ETF in the 3rd quarter valued at $36,000. Golden State Wealth Management LLC acquired a new stake in iShares Ethereum Trust ETF in the 4th quarter valued at $26,000. Finally, Avalon Trust Co acquired a new stake in iShares Ethereum Trust ETF in the 3rd quarter valued at $41,000.

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.