2x Ether ETF (NYSEARCA:ETHU – Get Free Report) traded down 5.1% on Monday . The stock traded as low as $58.25 and last traded at $58.98. 782,136 shares changed hands during trading, a decline of 63% from the average session volume of 2,103,380 shares. The stock had previously closed at $62.18.
2x Ether ETF Stock Down 2.4%
The company’s 50 day moving average price is $41.62 and its two-hundred day moving average price is $99.04.
Institutional Investors Weigh In On 2x Ether ETF
An institutional investor recently bought a new position in 2x Ether ETF stock. OLD Mission Capital LLC purchased a new position in 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 370,684 shares of the company’s stock, valued at approximately $680,000. OLD Mission Capital LLC owned approximately 2.84% of 2x Ether ETF at the end of the most recent quarter.
2x Ether ETF Company Profile
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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