Millennium Management LLC Raises Stock Position in iShares Ethereum Trust ETF (NASDAQ:ETHA)

Millennium Management LLC grew its holdings in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) by 156.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,165,254 shares of the company’s stock after acquiring an additional 2,539,619 shares during the quarter. Millennium Management LLC owned approximately 0.05% of iShares Ethereum Trust ETF worth $105,339,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Brookstone Capital Management purchased a new stake in iShares Ethereum Trust ETF during the fourth quarter valued at approximately $332,000. Wolff Wiese Magana LLC purchased a new stake in iShares Ethereum Trust ETF during the 4th quarter valued at $538,000. Howard Capital Management Group LLC bought a new stake in iShares Ethereum Trust ETF in the fourth quarter worth $274,000. SG Americas Securities LLC purchased a new position in iShares Ethereum Trust ETF during the fourth quarter worth $49,847,000. Finally, Lake Hills Wealth Management LLC bought a new position in iShares Ethereum Trust ETF during the fourth quarter valued at $1,776,000.

iShares Ethereum Trust ETF Stock Down 3.4%

ETHA stock opened at $19.71 on Thursday. iShares Ethereum Trust ETF has a 12 month low of $10.99 and a 12 month high of $31.18. The company has a 50-day moving average price of $14.04 and a 200 day moving average price of $20.30.

iShares Ethereum Trust ETF 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.