Lido Advisors LLC purchased a new stake in Bitwise Ethereum ETF (NYSEARCA:ETHW – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 71,341 shares of the company’s stock, valued at approximately $1,070,000. Lido Advisors LLC owned about 0.47% of Bitwise Ethereum ETF at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC increased its stake in Bitwise Ethereum ETF by 2.0% in the first quarter. Jane Street Group LLC now owns 120,255 shares of the company’s stock valued at $1,578,000 after purchasing an additional 2,393 shares during the period. Betterment LLC boosted its stake in shares of Bitwise Ethereum ETF by 103.0% during the second quarter. Betterment LLC now owns 126,054 shares of the company’s stock worth $2,277,000 after buying an additional 63,964 shares during the period. Orion Porfolio Solutions LLC acquired a new stake in shares of Bitwise Ethereum ETF during the second quarter worth about $384,000. Osaic Holdings Inc. purchased a new position in shares of Bitwise Ethereum ETF during the second quarter worth about $66,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Bitwise Ethereum ETF by 33.0% during the third quarter. Envestnet Asset Management Inc. now owns 16,355 shares of the company’s stock worth $488,000 after buying an additional 4,056 shares during the last quarter.
Bitwise Ethereum ETF Stock Performance
Shares of ETHW stock opened at $13.93 on Tuesday. The stock’s 50-day moving average price is $12.98 and its 200 day moving average price is $15.38. Bitwise Ethereum ETF has a 52-week low of $10.93 and a 52-week high of $34.84.
Bitwise Ethereum ETF Profile
The Bitwise Ethereum ETF (ETHW) 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 price performance of spot Ether (ETH). It will hold Ether directly, secured through a multi-layer cold storage wallet. ETHW was launched on Jul 22, 2024 and is issued by Bitwise.
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