33,710 Shares in Bitwise Ethereum ETF (NYSEARCA:ETHW) Bought by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC bought a new position in shares of Bitwise Ethereum ETF (NYSEARCA:ETHW) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 33,710 shares of the company’s stock, valued at approximately $808,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Atria Investments Inc bought a new position in Bitwise Ethereum ETF during the third quarter worth $457,000. HBK Investments L P bought a new position in Bitwise Ethereum ETF during the third quarter worth $7,043,000. Ieq Capital LLC boosted its position in Bitwise Ethereum ETF by 174.4% during the fourth quarter. Ieq Capital LLC now owns 54,178 shares of the company’s stock worth $1,299,000 after purchasing an additional 34,433 shares during the period. Perigon Wealth Management LLC bought a new position in Bitwise Ethereum ETF during the fourth quarter worth $239,000. Finally, Highline Wealth Partners LLC boosted its position in Bitwise Ethereum ETF by 28.7% during the fourth quarter. Highline Wealth Partners LLC now owns 21,981 shares of the company’s stock worth $527,000 after purchasing an additional 4,897 shares during the period.

Bitwise Ethereum ETF Stock Down 13.4 %

ETHW stock opened at $13.40 on Tuesday. The company has a fifty day moving average price of $20.78 and a two-hundred day moving average price of $20.85. Bitwise Ethereum ETF has a one year low of $13.00 and a one year high of $29.52.

Bitwise Ethereum ETF Company Profile

The Bitwise Ethereum ETF (ETHW) 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 price performance of spot Ether (ETH). It will hold Ether directly, secured through a multi-layer cold storage wallet. ETHW was launched on Jul 22, 2024 and is issued by Bitwise.