Transcend Capital Advisors LLC Acquires Shares of 61,538 iShares Ethereum Trust ETF $ETHA

Transcend Capital Advisors LLC bought a new position in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 61,538 shares of the company’s stock, valued at approximately $1,939,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capula Management Ltd grew its holdings in iShares Ethereum Trust ETF by 195.5% in the 2nd quarter. Capula Management Ltd now owns 5,354,800 shares of the company’s stock worth $102,116,000 after acquiring an additional 3,542,508 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of iShares Ethereum Trust ETF during the second quarter valued at about $28,605,000. Clear Street LLC bought a new position in shares of iShares Ethereum Trust ETF during the second quarter valued at about $19,619,000. Marex Group plc purchased a new stake in shares of iShares Ethereum Trust ETF during the second quarter worth about $16,920,000. Finally, Yong Rong HK Asset Management Ltd bought a new stake in shares of iShares Ethereum Trust ETF in the second quarter worth about $15,180,000.

iShares Ethereum Trust ETF Stock Performance

Shares of NASDAQ:ETHA opened at $20.17 on Monday. The stock’s 50-day moving average is $22.97 and its 200 day moving average is $27.67. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year high of $36.80.

About iShares Ethereum Trust ETF

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.