Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.38 and last traded at $12.55, with a volume of 804296 shares trading hands. The stock had previously closed at $12.79.
Grayscale Ethereum Trust ETF Trading Up 1.1%
The company has a market capitalization of $1.34 billion, a P/E ratio of 2.06 and a beta of 2.46. The company has a 50 day moving average price of $16.42 and a 200 day moving average price of $19.04.
Hedge Funds Weigh In On Grayscale Ethereum Trust ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ETHE. Ankerstar Wealth LLC bought a new position in shares of Grayscale Ethereum Trust ETF in the fourth quarter valued at about $25,000. Wilkerson Advisory Group LLC bought a new stake in shares of Grayscale Ethereum Trust ETF during the 4th quarter worth about $26,000. Nvwm LLC grew its stake in Grayscale Ethereum Trust ETF by 500.0% in the 4th quarter. Nvwm LLC now owns 1,200 shares of the company’s stock valued at $29,000 after buying an additional 1,000 shares during the last quarter. Dunhill Financial LLC acquired a new position in Grayscale Ethereum Trust ETF in the 3rd quarter valued at about $31,000. Finally, Huntington National Bank raised its holdings in Grayscale Ethereum Trust ETF by 100,000.0% in the 3rd quarter. Huntington National Bank now owns 1,001 shares of the company’s stock valued at $34,000 after acquiring an additional 1,000 shares during the period.
About Grayscale Ethereum Trust ETF
Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.
Featured Articles
- Five stocks we like better than Grayscale Ethereum Trust ETF
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Grayscale Ethereum Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Ethereum Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
