Ultra Ether ETF (NYSEARCA:ETHT – Get Free Report)’s stock price dropped 0.7% during trading on Tuesday. The company traded as low as $20.08 and last traded at $20.61. Approximately 1,794,770 shares changed hands during trading, a decline of 11% from the average session volume of 2,009,167 shares. The stock had previously closed at $20.75.
Ultra Ether ETF Price Performance
The firm has a 50 day moving average price of $13.88 and a two-hundred day moving average price of $13.72.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Bogart Wealth LLC acquired a new position in shares of Ultra Ether ETF in the 1st quarter valued at about $30,000. 180 Wealth Advisors LLC acquired a new stake in Ultra Ether ETF during the first quarter worth approximately $175,000. Integrated Advisors Network LLC bought a new stake in Ultra Ether ETF in the first quarter worth approximately $388,000. Finally, IMC Chicago LLC bought a new stake in Ultra Ether ETF in the first quarter worth approximately $1,365,000.
About Ultra Ether ETF
The ProShares Ultra Ether ETF (ETHT) is an exchange-traded fund that is based on the Bloomberg Ethereum index. The fund tracks 2x the daily price movements of an index that measures the price of Ether. It uses futures contracts to provide leveraged exposure without directly investing in Ether. ETHT was launched on Jun 7, 2024 and is issued by ProShares.
Further Reading
- Five stocks we like better than Ultra Ether ETF
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Ultra Ether ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Ether ETF and related companies with MarketBeat.com's FREE daily email newsletter.
