Weiss Asset Management LP Sells 1,067,226 Shares of iShares Ethereum Trust ETF $ETHA

Weiss Asset Management LP reduced its stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 65.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 564,806 shares of the company’s stock after selling 1,067,226 shares during the quarter. Weiss Asset Management LP owned approximately 0.14% of iShares Ethereum Trust ETF worth $8,941,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ETHA. Sterling Investment Advisors LLC ADV boosted its holdings in shares of iShares Ethereum Trust ETF by 25.5% during the 4th quarter. Sterling Investment Advisors LLC ADV now owns 279,953 shares of the company’s stock worth $6,279,000 after buying an additional 56,859 shares during the period. BIP Wealth LLC acquired a new position in iShares Ethereum Trust ETF in the 4th quarter valued at $880,000. Fiduciary Alliance LLC raised its holdings in iShares Ethereum Trust ETF by 12.7% in the 4th quarter. Fiduciary Alliance LLC now owns 289,709 shares of the company’s stock worth $6,498,000 after acquiring an additional 32,594 shares during the period. Macquarie Group Ltd. raised its holdings in iShares Ethereum Trust ETF by 182.4% in the 4th quarter. Macquarie Group Ltd. now owns 3,633,670 shares of the company’s stock worth $81,503,000 after acquiring an additional 2,347,070 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in iShares Ethereum Trust ETF by 380.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 102,603 shares of the company’s stock worth $2,301,000 after acquiring an additional 81,247 shares during the last quarter.

iShares Ethereum Trust ETF Price Performance

iShares Ethereum Trust ETF stock opened at $14.04 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 firm has a fifty day moving average price of $13.73 and a two-hundred day moving average price of $16.35.

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.