Bitwise Ethereum ETF (NYSEARCA:ETHW – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $15.53 and traded as low as $15.10. Bitwise Ethereum ETF shares last traded at $15.19, with a volume of 205,714 shares.
Bitwise Ethereum ETF Stock Performance
The stock’s 50 day moving average price is $17.75 and its 200 day moving average price is $15.53.
Institutional Trading of Bitwise Ethereum ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its holdings in Bitwise Ethereum ETF by 81.2% during the first quarter. EverSource Wealth Advisors LLC now owns 2,164 shares of the company’s stock worth $32,000 after acquiring an additional 970 shares in the last quarter. Fifth Third Bancorp bought a new position in Bitwise Ethereum ETF in the third quarter valued at approximately $32,000. Next Level Wealth Planning LLC bought a new position in Bitwise Ethereum ETF in the third quarter valued at approximately $35,000. Center for Financial Planning Inc. bought a new position in Bitwise Ethereum ETF in the first quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC grew its stake in Bitwise Ethereum ETF by 31.3% in the third quarter. Farther Finance Advisors LLC now owns 2,472 shares of the company’s stock valued at $47,000 after purchasing an additional 589 shares in the last quarter.
About Bitwise Ethereum ETF
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.
Featured Articles
- Five stocks we like better than Bitwise Ethereum ETF
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Bitwise Ethereum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitwise Ethereum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
