Traders Purchase Large Volume of Put Options on iShares Ethereum Trust ETF (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of some unusual options trading activity on Friday. Stock investors acquired 276,619 put options on the stock. This is an increase of approximately 106% compared to the average volume of 134,530 put options.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Whitener Capital Management Inc. purchased a new stake in iShares Ethereum Trust ETF in the 2nd quarter worth $141,000. Wealth Group Ltd bought a new stake in iShares Ethereum Trust ETF during the second quarter valued at about $134,000. Sterling Investment Advisors LLC ADV lifted its position in shares of iShares Ethereum Trust ETF by 3.4% in the second quarter. Sterling Investment Advisors LLC ADV now owns 439,332 shares of the company’s stock valued at $5,224,000 after acquiring an additional 14,325 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of iShares Ethereum Trust ETF by 40.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 44,229 shares of the company’s stock valued at $526,000 after acquiring an additional 12,813 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. lifted its position in shares of iShares Ethereum Trust ETF by 14.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 144,765 shares of the company’s stock valued at $1,721,000 after acquiring an additional 18,342 shares in the last quarter.

iShares Ethereum Trust ETF Trading Down 3.0%

ETHA opened at $14.07 on Friday. The company has a 50 day simple moving average of $13.57 and a two-hundred day simple moving average of $16.02. iShares Ethereum Trust ETF has a 1-year low of $11.52 and a 1-year high of $36.80.

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.