LM Advisors LLC Makes New $351,000 Investment in iShares Ethereum Trust ETF (NASDAQ:ETHA)

LM Advisors LLC bought a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the 4th quarter, HoldingsChannel reports. The fund bought 13,860 shares of the company’s stock, valued at approximately $351,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC purchased a new position in iShares Ethereum Trust ETF in the fourth quarter worth $49,847,000. Crcm LP acquired a new position in shares of iShares Ethereum Trust ETF during the 4th quarter worth $13,971,000. Kedalion Capital Management LLP purchased a new position in shares of iShares Ethereum Trust ETF in the 4th quarter valued at about $13,077,000. Wolverine Asset Management LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the fourth quarter valued at about $8,649,000. Finally, LPL Financial LLC boosted its holdings in iShares Ethereum Trust ETF by 106.1% during the fourth quarter. LPL Financial LLC now owns 280,131 shares of the company’s stock worth $7,085,000 after buying an additional 144,180 shares in the last quarter.

iShares Ethereum Trust ETF Stock Performance

ETHA opened at $15.17 on Friday. iShares Ethereum Trust ETF has a 1-year low of $13.69 and a 1-year high of $31.18. The stock’s 50 day simple moving average is $19.19 and its 200 day simple moving average is $21.61.

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.