Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Trading 3.4% Higher – Still a Buy?

Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) traded up 3.4% during trading on Tuesday . The stock traded as high as $25.59 and last traded at $25.49. 2,908,992 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 5,405,410 shares. The stock had previously closed at $24.64.

Grayscale Ethereum Trust (ETH) Stock Performance

The stock’s 50 day simple moving average is $32.29 and its two-hundred day simple moving average is $28.67.

Institutional Trading of Grayscale Ethereum Trust (ETH)

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETHE. Dunhill Financial LLC bought a new position in Grayscale Ethereum Trust (ETH) during the third quarter worth about $31,000. Ameritas Advisory Services LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) in the 3rd quarter worth approximately $34,000. Huntington National Bank lifted its position in shares of Grayscale Ethereum Trust (ETH) by 100,000.0% during the 3rd quarter. Huntington National Bank now owns 1,001 shares of the company’s stock worth $34,000 after buying an additional 1,000 shares during the period. Fairway Wealth LLC lifted its position in shares of Grayscale Ethereum Trust (ETH) by 180.3% during the 3rd quarter. Fairway Wealth LLC now owns 1,121 shares of the company’s stock worth $38,000 after buying an additional 721 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Grayscale Ethereum Trust (ETH) by 86.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,225 shares of the company’s stock valued at $26,000 after buying an additional 569 shares in the last quarter.

About Grayscale Ethereum Trust (ETH)

crossword cybersecurity is a technology commercialisation company focusing exclusively on the cyber security sector. we work with research intensive european university partners to identify promising cyber security intellectual property (“ip”​) from research that our industry partners tell us meet emerging real-world challenges.