Persistent Asset Partners Ltd Invests $1.64 Million in iShares Ethereum Trust ETF $ETHA

Persistent Asset Partners Ltd bought a new position in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 85,897 shares of the company’s stock, valued at approximately $1,638,000. iShares Ethereum Trust ETF comprises about 1.2% of Persistent Asset Partners Ltd’s holdings, making the stock its 20th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of ETHA. Jane Street Group LLC raised its stake in iShares Ethereum Trust ETF by 963.1% during the first quarter. Jane Street Group LLC now owns 3,052,081 shares of the company’s stock worth $42,180,000 after purchasing an additional 2,764,987 shares during the period. Yong Rong HK Asset Management Ltd acquired a new stake in shares of iShares Ethereum Trust ETF during the 2nd quarter worth $15,180,000. Kedalion Capital Management LLP purchased a new position in shares of iShares Ethereum Trust ETF in the 2nd quarter worth $9,173,000. Wolverine Asset Management LLC boosted its holdings in iShares Ethereum Trust ETF by 110.9% in the first quarter. Wolverine Asset Management LLC now owns 721,254 shares of the company’s stock valued at $9,968,000 after acquiring an additional 379,257 shares during the last quarter. Finally, DRW Securities LLC boosted its holdings in iShares Ethereum Trust ETF by 26.8% in the first quarter. DRW Securities LLC now owns 1,085,717 shares of the company’s stock valued at $15,005,000 after acquiring an additional 229,526 shares during the last quarter.

iShares Ethereum Trust ETF Stock Performance

Shares of NASDAQ:ETHA opened at $23.69 on Friday. The business has a 50-day moving average of $30.52 and a two-hundred day moving average of $26.13. 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.