iShares Ethereum Trust ETF Sees Unusually High Options Volume (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw some unusual options trading activity on Friday. Investors purchased 276,619 put options on the stock. This is an increase of 106% compared to the typical volume of 134,530 put options.

Institutional Investors Weigh In On iShares Ethereum Trust ETF

Institutional investors have recently added to or reduced their stakes in the company. Whitener Capital Management Inc. acquired a new stake in iShares Ethereum Trust ETF during the second quarter worth about $141,000. Wealth Group Ltd acquired a new position in shares of iShares Ethereum Trust ETF in the 2nd quarter valued at about $134,000. Sterling Investment Advisors LLC ADV grew its holdings in shares of iShares Ethereum Trust ETF by 3.4% during the 2nd quarter. Sterling Investment Advisors LLC ADV now owns 439,332 shares of the company’s stock worth $5,224,000 after purchasing an additional 14,325 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares Ethereum Trust ETF by 40.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 44,229 shares of the company’s stock worth $526,000 after purchasing an additional 12,813 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. grew its holdings in shares of iShares Ethereum Trust ETF by 14.5% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 144,765 shares of the company’s stock worth $1,721,000 after purchasing an additional 18,342 shares during the period.

iShares Ethereum Trust ETF Stock Performance

ETHA stock opened at $14.07 on Friday. The business has a fifty day simple moving average of $13.57 and a 200-day simple moving average of $16.02. iShares Ethereum Trust ETF has a 52 week low of $11.52 and a 52 week high of $36.80.

iShares Ethereum Trust ETF Company 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.