Lake Hills Wealth Management LLC Trims Stake in iShares Ethereum Trust ETF $ETHA

Lake Hills Wealth Management LLC reduced its stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 48.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,187 shares of the company’s stock after selling 37,061 shares during the period. iShares Ethereum Trust ETF accounts for 0.5% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 26th largest position. Lake Hills Wealth Management LLC’s holdings in iShares Ethereum Trust ETF were worth $879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Private Wealth Management Group LLC bought a new stake in iShares Ethereum Trust ETF during the 3rd quarter valued at approximately $26,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter worth approximately $26,000. Activest Wealth Management raised its position in shares of iShares Ethereum Trust ETF by 252.7% in the 3rd quarter. Activest Wealth Management now owns 864 shares of the company’s stock worth $27,000 after acquiring an additional 619 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at approximately $28,000. Finally, Princeton Global Asset Management LLC purchased a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at approximately $31,000.

iShares Ethereum Trust ETF Stock Performance

NASDAQ ETHA opened at $16.10 on Friday. The stock’s 50 day moving average is $17.81 and its 200 day moving average is $24.03. iShares Ethereum Trust ETF has a twelve month low of $10.99 and a twelve month high of $36.80.

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.