Global Retirement Partners LLC Sells 43,425 Shares of Grayscale Ethereum Trust ETF $ETHE

Global Retirement Partners LLC lessened its stake in Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) by 72.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,855 shares of the company’s stock after selling 43,425 shares during the quarter. Global Retirement Partners LLC’s holdings in Grayscale Ethereum Trust ETF were worth $411,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Synovus Financial Corp lifted its position in shares of Grayscale Ethereum Trust ETF by 112.0% during the third quarter. Synovus Financial Corp now owns 99,549 shares of the company’s stock valued at $3,412,000 after purchasing an additional 52,593 shares in the last quarter. Aurora Private Wealth Inc. bought a new position in shares of Grayscale Ethereum Trust ETF during the fourth quarter valued at about $859,000. Halter Ferguson Financial Inc. bought a new position in shares of Grayscale Ethereum Trust ETF during the fourth quarter valued at about $1,837,000. Newbridge Financial Services Group Inc. lifted its holdings in Grayscale Ethereum Trust ETF by 3,753.6% during the third quarter. Newbridge Financial Services Group Inc. now owns 98,922 shares of the company’s stock worth $3,390,000 after acquiring an additional 96,355 shares during the period. Finally, Genesis Financial Group LLC bought a new stake in Grayscale Ethereum Trust ETF during the fourth quarter worth $1,046,000.

Grayscale Ethereum Trust ETF Trading Down 2.0%

Shares of Grayscale Ethereum Trust ETF stock opened at $16.31 on Friday. The business’s fifty day simple moving average is $17.91 and its 200 day simple moving average is $20.65. The firm has a market capitalization of $1.72 billion, a P/E ratio of 2.06 and a beta of 2.73. Grayscale Ethereum Trust ETF has a 12 month low of $14.71 and a 12 month high of $40.13.

Grayscale Ethereum Trust ETF Company Profile

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.