Graetz Wealth LLC Buys New Stake in Grayscale Ethereum Mini Trust ETF $ETH

Graetz Wealth LLC bought a new stake in Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 67,191 shares of the company’s stock, valued at approximately $1,334,000.

Other large investors have also recently bought and sold shares of the company. World Investment Advisors increased its position in Grayscale Ethereum Mini Trust ETF by 4.9% during the fourth quarter. World Investment Advisors now owns 37,780 shares of the company’s stock worth $1,060,000 after buying an additional 1,757 shares in the last quarter. Freedom Financial Partners LLC boosted its stake in shares of Grayscale Ethereum Mini Trust ETF by 8.3% during the first quarter. Freedom Financial Partners LLC now owns 37,342 shares of the company’s stock valued at $742,000 after acquiring an additional 2,870 shares during the last quarter. Verde Capital Management boosted its stake in shares of Grayscale Ethereum Mini Trust ETF by 79.4% during the first quarter. Verde Capital Management now owns 178,118 shares of the company’s stock valued at $3,537,000 after acquiring an additional 78,826 shares during the last quarter. AdvisorNet Financial Inc increased its position in Grayscale Ethereum Mini Trust ETF by 27.3% during the 1st quarter. AdvisorNet Financial Inc now owns 34,582 shares of the company’s stock worth $687,000 after purchasing an additional 7,414 shares in the last quarter. Finally, RFG Advisory LLC increased its position in Grayscale Ethereum Mini Trust ETF by 49.4% during the 1st quarter. RFG Advisory LLC now owns 62,301 shares of the company’s stock worth $1,237,000 after purchasing an additional 20,598 shares in the last quarter. Institutional investors and hedge funds own 77.84% of the company’s stock.

Grayscale Ethereum Mini Trust ETF Trading Up 0.4%

Shares of ETH stock opened at $16.64 on Friday. The firm has a 50-day moving average price of $18.16 and a 200 day moving average price of $21.27. Grayscale Ethereum Mini Trust ETF has a twelve month low of $14.53 and a twelve month high of $45.78. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 7.05 and a beta of 2.60.

Grayscale Ethereum Mini Trust ETF Profile

The Grayscale Ethereum Mini Trust ETF (ETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETH was launched on Apr 23, 2024 and is issued by Grayscale.