Fidelity Ethereum Fund (BATS:FETH) Trading Down 2.3% – What’s Next?

Fidelity Ethereum Fund (BATS:FETHGet Free Report) fell 2.3% during mid-day trading on Tuesday . The stock traded as low as $32.16 and last traded at $32.91. 1,236,760 shares changed hands during trading, The stock had previously closed at $33.68.

Fidelity Ethereum Fund Stock Performance

The company’s 50-day moving average is $25.49.

Institutional Investors Weigh In On Fidelity Ethereum Fund

An institutional investor recently bought a new position in Fidelity Ethereum Fund stock. Richard W. Paul & Associates LLC purchased a new stake in shares of Fidelity Ethereum Fund (BATS:FETHFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 49,672 shares of the company’s stock, valued at approximately $1,290,000.

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