Wealthfront Advisers LLC Increases Stock Position in iShares Ethereum Trust ETF $ETHA

Wealthfront Advisers LLC increased its holdings in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 42.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,227,230 shares of the company’s stock after purchasing an additional 366,092 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Ethereum Trust ETF were worth $19,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in iShares Ethereum Trust ETF during the 3rd quarter valued at $28,000. Colonial Trust Advisors purchased a new stake in shares of iShares Ethereum Trust ETF during the fourth quarter worth $25,000. Ancora Advisors LLC bought a new position in shares of iShares Ethereum Trust ETF in the third quarter worth $36,000. Golden State Wealth Management LLC bought a new position in shares of iShares Ethereum Trust ETF in the fourth quarter worth $26,000. Finally, Modus Advisors LLC bought a new position in shares of iShares Ethereum Trust ETF in the fourth quarter worth $30,000.

iShares Ethereum Trust ETF Trading Down 2.7%

Shares of NASDAQ ETHA opened at $14.13 on Friday. iShares Ethereum Trust ETF has a fifty-two week low of $11.52 and a fifty-two week high of $36.80. The stock has a fifty day moving average of $14.09 and a 200-day moving average of $16.66.

iShares Ethereum Trust ETF 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.