Ultra Ether ETF (NYSEARCA:ETHT – Get Free Report)’s share price was down 6.3% on Wednesday. The stock traded as low as $15.55 and last traded at $15.70. Approximately 1,418,254 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 1,966,863 shares. The stock had previously closed at $16.75.
Ultra Ether ETF Stock Performance
The business has a 50 day moving average of $16.36 and a 200-day moving average of $14.01.
Institutional Trading of Ultra Ether ETF
A number of large investors have recently bought and sold shares of ETHT. IMC Chicago LLC acquired a new position in Ultra Ether ETF in the first quarter valued at $1,365,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of Ultra Ether ETF during the third quarter worth about $563,000. Integrated Advisors Network LLC acquired a new stake in shares of Ultra Ether ETF during the first quarter worth about $388,000. Baldwin Wealth Partners LLC MA acquired a new stake in shares of Ultra Ether ETF during the third quarter worth about $290,000. Finally, 180 Wealth Advisors LLC purchased a new position in shares of Ultra Ether ETF during the first quarter worth about $175,000.
About Ultra Ether ETF
The ProShares Ultra Ether ETF (ETHT) is an exchange-traded fund that is based on the Bloomberg Ethereum index. The fund tracks 2x the daily price movements of an index that measures the price of Ether. It uses futures contracts to provide leveraged exposure without directly investing in Ether. ETHT was launched on Jun 7, 2024 and is issued by ProShares.
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