2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $48.39, but opened at $52.55. 2x Ether ETF shares last traded at $53.25, with a volume of 1,661,848 shares trading hands.
2x Ether ETF Stock Performance
The company has a 50 day simple moving average of $51.86 and a 200 day simple moving average of $84.49.
Institutional Trading of 2x Ether ETF
A hedge fund recently bought a new stake in 2x Ether ETF stock. OLD Mission Capital LLC acquired a new position in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 370,684 shares of the company’s stock, valued at approximately $680,000. OLD Mission Capital LLC owned 2.84% of 2x Ether ETF as of its most recent SEC filing.
2x Ether ETF Company Profile
The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.
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