iShares Ethereum Trust ETF $ETHA Stock Sold by Atomic Invest LLC

Atomic Invest LLC lessened its holdings in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 40.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 171,394 shares of the company’s stock after selling 117,360 shares during the period. Atomic Invest LLC’s holdings in iShares Ethereum Trust ETF were worth $2,099,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Modus Advisors LLC purchased a new position in iShares Ethereum Trust ETF in the 4th quarter valued at about $30,000. Operose Advisors LLC acquired a new position in shares of iShares Ethereum Trust ETF in the 2nd quarter valued at approximately $39,000. Ball & Co Wealth Management Inc. purchased a new position in shares of iShares Ethereum Trust ETF during the 1st quarter valued at approximately $41,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares Ethereum Trust ETF during the 4th quarter valued at approximately $49,000. Finally, MCF Advisors LLC acquired a new stake in shares of iShares Ethereum Trust ETF during the fourth quarter worth approximately $59,000.

iShares Ethereum Trust ETF Stock Performance

Shares of ETHA stock traded down $0.04 during trading hours on Friday, hitting $20.30. 18,238,880 shares of the company were exchanged, compared to its average volume of 36,732,445. iShares Ethereum Trust ETF has a one year low of $11.52 and a one year high of $36.04. The business’s 50-day simple moving average is $16.72 and its two-hundred day simple moving average is $15.78.

iShares Ethereum Trust ETF’s stock is set to reverse split on the morning of Tuesday, October 6th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, October 5th.

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.