Freestone Capital Holdings LLC Boosts Stake in iShares Ethereum Trust ETF $ETHA

Freestone Capital Holdings LLC boosted its holdings in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 46.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,787 shares of the company’s stock after acquiring an additional 11,680 shares during the quarter. Freestone Capital Holdings LLC’s holdings in iShares Ethereum Trust ETF were worth $702,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. grew its stake in shares of iShares Ethereum Trust ETF by 319.4% during the 1st quarter. Whittier Trust Co. now owns 1,950 shares of the company’s stock worth $27,000 after purchasing an additional 1,485 shares during the period. Tortoise Investment Management LLC purchased a new stake in iShares Ethereum Trust ETF during the first quarter worth about $35,000. Ridgewood Investments LLC boosted its holdings in iShares Ethereum Trust ETF by 101.6% during the first quarter. Ridgewood Investments LLC now owns 2,685 shares of the company’s stock worth $37,000 after buying an additional 1,353 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares Ethereum Trust ETF by 328.5% during the first quarter. PNC Financial Services Group Inc. now owns 4,285 shares of the company’s stock worth $59,000 after buying an additional 3,285 shares during the period. Finally, Cornerstone Planning Group LLC increased its holdings in iShares Ethereum Trust ETF by 31.1% in the first quarter. Cornerstone Planning Group LLC now owns 4,426 shares of the company’s stock valued at $60,000 after buying an additional 1,050 shares in the last quarter.

iShares Ethereum Trust ETF Trading Down 7.7%

ETHA stock opened at $27.09 on Tuesday. The firm has a 50 day moving average of $31.96 and a 200-day moving average of $25.44. iShares Ethereum Trust ETF has a 12-month low of $10.99 and a 12-month high of $36.80.

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.