2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $27.90, but opened at $26.08. 2x Ether ETF shares last traded at $25.32, with a volume of 573,426 shares trading hands.
2x Ether ETF Price Performance
The stock’s 50 day moving average is $3.96 and its two-hundred day moving average is $6.23.
Hedge Funds Weigh In On 2x Ether ETF
An institutional investor recently bought a new position in 2x Ether ETF stock. Silverleafe Capital Partners LLC purchased a new position in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 70,442 shares of the company’s stock, valued at approximately $549,000.
About 2x Ether ETF
The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.
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