iShares Ethereum Trust ETF (NASDAQ:ETHA) Shares Gap Up – What’s Next?

iShares Ethereum Trust ETF (NASDAQ:ETHA)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $13.82, but opened at $14.18. iShares Ethereum Trust ETF shares last traded at $14.12, with a volume of 649,119 shares trading hands.

iShares Ethereum Trust ETF Stock Performance

The company’s 50 day moving average price is $18.68 and its 200-day moving average price is $21.60.

Institutional Investors Weigh In On iShares Ethereum Trust ETF

Several large investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. purchased a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter valued at approximately $25,000. Ridgewood Investments LLC bought a new stake in iShares Ethereum Trust ETF during the 4th quarter valued at $34,000. Highline Wealth Partners LLC purchased a new stake in iShares Ethereum Trust ETF during the 4th quarter worth about $37,000. Tucker Asset Management LLC lifted its holdings in shares of iShares Ethereum Trust ETF by 10,742.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,518 shares of the company’s stock worth $38,000 after buying an additional 1,504 shares in the last quarter. Finally, Copia Wealth Management bought a new position in iShares Ethereum Trust ETF in the 4th quarter valued at $41,000.

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.