Riggs Asset Managment Co. Inc. Makes New Investment in iShares Ethereum Trust ETF $ETHA

Riggs Asset Managment Co. Inc. bought a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 107,570 shares of the company’s stock, valued at approximately $2,413,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Inscription Capital LLC purchased a new position in iShares Ethereum Trust ETF in the third quarter valued at approximately $952,000. Copperleaf Capital LLC purchased a new stake in iShares Ethereum Trust ETF in the third quarter worth $648,000. Global Retirement Partners LLC raised its stake in shares of iShares Ethereum Trust ETF by 57.6% in the third quarter. Global Retirement Partners LLC now owns 109,269 shares of the company’s stock valued at $3,443,000 after buying an additional 39,955 shares during the period. Advyzon Investment Management LLC bought a new stake in shares of iShares Ethereum Trust ETF in the third quarter valued at $1,531,000. Finally, BIP Wealth LLC purchased a new position in shares of iShares Ethereum Trust ETF during the 4th quarter valued at $880,000.

iShares Ethereum Trust ETF Trading Down 3.5%

ETHA stock opened at $17.49 on Friday. iShares Ethereum Trust ETF has a fifty-two week low of $13.11 and a fifty-two week high of $36.80. The stock has a fifty day moving average of $16.05 and a 200-day moving average of $21.34.

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.