Palatine Hill Wealth Management LLC Acquires New Stake in iShares Ethereum Trust ETF $ETHA

Palatine Hill Wealth Management LLC acquired a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 111,200 shares of the company’s stock, valued at approximately $2,494,000. iShares Ethereum Trust ETF comprises about 2.0% of Palatine Hill Wealth Management LLC’s holdings, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cornerstone Planning Group LLC grew its position in iShares Ethereum Trust ETF by 9.6% in the 3rd quarter. Cornerstone Planning Group LLC now owns 5,181 shares of the company’s stock valued at $163,000 after buying an additional 455 shares during the last quarter. J. Safra Sarasin Holding AG grew its position in iShares Ethereum Trust ETF by 1.7% in the 4th quarter. J. Safra Sarasin Holding AG now owns 34,275 shares of the company’s stock valued at $769,000 after buying an additional 575 shares during the last quarter. Advance Capital Management Inc. grew its position in iShares Ethereum Trust ETF by 5.3% in the 4th quarter. Advance Capital Management Inc. now owns 12,145 shares of the company’s stock valued at $272,000 after buying an additional 616 shares during the last quarter. BigSur Wealth Management LLC grew its position in iShares Ethereum Trust ETF by 5.1% in the 4th quarter. BigSur Wealth Management LLC now owns 13,237 shares of the company’s stock valued at $297,000 after buying an additional 637 shares during the last quarter. Finally, Moseley Investment Management Inc. grew its position in iShares Ethereum Trust ETF by 5.6% in the 4th quarter. Moseley Investment Management Inc. now owns 12,689 shares of the company’s stock valued at $285,000 after buying an additional 669 shares during the last quarter.

iShares Ethereum Trust ETF Stock Performance

NASDAQ:ETHA opened at $15.11 on Wednesday. The firm’s fifty day moving average price is $16.61 and its 200 day moving average price is $18.95. iShares Ethereum Trust ETF has a 1-year low of $13.62 and a 1-year 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.