Titan Global Capital Management USA LLC Makes New Investment in iShares Ethereum Trust ETF (NASDAQ:ETHA)

Titan Global Capital Management USA LLC bought a new position in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 1,317,198 shares of the company’s stock, valued at approximately $33,312,000. iShares Ethereum Trust ETF makes up about 5.1% of Titan Global Capital Management USA LLC’s investment portfolio, making the stock its 5th largest position. Titan Global Capital Management USA LLC owned approximately 1.72% of iShares Ethereum Trust ETF at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. lifted its stake in shares of iShares Ethereum Trust ETF by 1.0% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 60,560 shares of the company’s stock valued at $1,532,000 after purchasing an additional 590 shares during the period. Richard W. Paul & Associates LLC lifted its position in shares of iShares Ethereum Trust ETF by 14.8% during the 4th quarter. Richard W. Paul & Associates LLC now owns 7,033 shares of the company’s stock valued at $178,000 after acquiring an additional 905 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter valued at approximately $25,000. Ridgewood Investments LLC purchased a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter worth approximately $34,000. Finally, Global Retirement Partners LLC grew its holdings in shares of iShares Ethereum Trust ETF by 2.3% in the 4th quarter. Global Retirement Partners LLC now owns 63,277 shares of the company’s stock worth $1,600,000 after acquiring an additional 1,418 shares during the period.

iShares Ethereum Trust ETF Stock Down 8.0 %

NASDAQ ETHA opened at $11.43 on Friday. The business has a 50 day moving average price of $16.39 and a 200 day moving average price of $21.14. iShares Ethereum Trust ETF has a 1-year low of $10.99 and a 1-year high of $31.18.

About iShares Ethereum Trust ETF

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.