iShares Ethereum Trust ETF (NASDAQ:ETHA) Sets New 1-Year Low – Time to Sell?

iShares Ethereum Trust ETF (NASDAQ:ETHA) reached a new 52-week low on Tuesday . The company traded as low as $15.87 and last traded at $16.09, with a volume of 18355843 shares changing hands. The stock had previously closed at $16.79.

iShares Ethereum Trust ETF Stock Up 4.4 %

The firm has a fifty day moving average price of $22.71 and a 200 day moving average price of $22.13.

Institutional Trading of iShares Ethereum Trust ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. bought a new position in iShares Ethereum Trust ETF in the 4th quarter valued at about $25,000. Ridgewood Investments LLC bought a new position in shares of iShares Ethereum Trust ETF during the fourth quarter worth approximately $34,000. Highline Wealth Partners LLC bought a new position in shares of iShares Ethereum Trust ETF during the fourth quarter worth approximately $37,000. Tucker Asset Management LLC boosted its position in shares of iShares Ethereum Trust ETF by 10,742.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,518 shares of the company’s stock worth $38,000 after acquiring an additional 1,504 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of iShares Ethereum Trust ETF by 1,784.5% during the 4th quarter. IFP Advisors Inc now owns 2,073 shares of the company’s stock worth $52,000 after acquiring an additional 1,963 shares in the last quarter.

iShares Ethereum Trust ETF Company Profile

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.