PNC Financial Services Group Inc. Has $2.71 Million Stake in iShares Ethereum Trust ETF $ETHA

PNC Financial Services Group Inc. raised its stake in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) by 66.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 171,102 shares of the company’s stock after purchasing an additional 68,499 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Ethereum Trust ETF were worth $2,709,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schonfeld Strategic Advisors LLC raised its holdings in iShares Ethereum Trust ETF by 141.9% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 10,712,591 shares of the company’s stock worth $337,554,000 after purchasing an additional 6,283,778 shares during the last quarter. Harvard Management Co. Inc. acquired a new stake in shares of iShares Ethereum Trust ETF during the fourth quarter worth $86,824,000. Macquarie Group Ltd. raised its stake in iShares Ethereum Trust ETF by 182.4% during the fourth quarter. Macquarie Group Ltd. now owns 3,633,670 shares of the company’s stock worth $81,503,000 after buying an additional 2,347,070 shares during the last quarter. Cerity Partners LLC raised its stake in iShares Ethereum Trust ETF by 123.8% during the fourth quarter. Cerity Partners LLC now owns 2,259,563 shares of the company’s stock worth $50,682,000 after buying an additional 1,249,941 shares during the last quarter. Finally, LPL Financial LLC raised its stake in iShares Ethereum Trust ETF by 14.0% during the fourth quarter. LPL Financial LLC now owns 1,414,123 shares of the company’s stock worth $31,719,000 after buying an additional 174,036 shares during the last quarter.

iShares Ethereum Trust ETF Stock Performance

ETHA stock opened at $14.49 on Wednesday. The company’s fifty day simple moving average is $13.68 and its 200 day simple moving average is $16.16. iShares Ethereum Trust ETF has a 12-month low of $11.52 and a 12-month high of $36.80.

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.