2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s share price shot up 6.5% on Tuesday . The company traded as high as $64.71 and last traded at $63.94. 563,840 shares were traded during trading, a decline of 73% from the average session volume of 2,102,455 shares. The stock had previously closed at $60.04.
2x Ether ETF Stock Performance
The stock’s fifty day moving average price is $41.93 and its two-hundred day moving average price is $98.41.
Institutional Trading of 2x Ether ETF
An institutional investor recently bought a new position in 2x Ether ETF stock. OLD Mission Capital LLC acquired a new position in 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 370,684 shares of the company’s stock, valued at approximately $680,000. OLD Mission Capital LLC owned 2.84% of 2x Ether ETF at the end of the most recent reporting period.
About 2x Ether ETF
The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.
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