38,900 Shares in iShares Ethereum Trust ETF (NASDAQ:ETHA) Purchased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV bought a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 38,900 shares of the company’s stock, valued at approximately $984,000.

Other institutional investors also recently added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the fourth quarter worth $34,000. Fiduciary Alliance LLC grew its position in iShares Ethereum Trust ETF by 210.2% in the 4th quarter. Fiduciary Alliance LLC now owns 81,316 shares of the company’s stock worth $2,056,000 after purchasing an additional 55,101 shares during the last quarter. Brookstone Capital Management bought a new position in shares of iShares Ethereum Trust ETF during the 4th quarter worth about $332,000. Wolff Wiese Magana LLC acquired a new position in shares of iShares Ethereum Trust ETF during the fourth quarter valued at about $538,000. Finally, Howard Capital Management Group LLC bought a new stake in shares of iShares Ethereum Trust ETF in the fourth quarter valued at about $274,000.

iShares Ethereum Trust ETF Stock Performance

Shares of ETHA opened at $17.64 on Friday. The stock’s 50-day moving average price is $13.86 and its 200 day moving average price is $20.30. iShares Ethereum Trust ETF has a 12-month low of $10.99 and a 12-month high of $31.18.

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.