Concurrent Investment Advisors LLC Takes Position in iShares Ethereum Trust ETF $ETHA

Concurrent Investment Advisors LLC bought a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) in the second quarter, Holdings Channel reports. The institutional investor bought 126,729 shares of the company’s stock, valued at approximately $2,417,000.

Other hedge funds also recently added to or reduced their stakes in the company. Ridgewood Investments LLC lifted its position in iShares Ethereum Trust ETF by 101.6% during the 1st quarter. Ridgewood Investments LLC now owns 2,685 shares of the company’s stock worth $37,000 after acquiring an additional 1,353 shares during the period. Cornerstone Planning Group LLC raised its stake in shares of iShares Ethereum Trust ETF by 31.1% during the first quarter. Cornerstone Planning Group LLC now owns 4,426 shares of the company’s stock worth $60,000 after purchasing an additional 1,050 shares during the last quarter. Fountainhead AM LLC raised its stake in shares of iShares Ethereum Trust ETF by 28.1% during the first quarter. Fountainhead AM LLC now owns 57,273 shares of the company’s stock worth $792,000 after purchasing an additional 12,559 shares during the last quarter. Parallel Advisors LLC raised its position in iShares Ethereum Trust ETF by 58.5% during the 2nd quarter. Parallel Advisors LLC now owns 14,372 shares of the company’s stock worth $274,000 after buying an additional 5,305 shares during the last quarter. Finally, WCG Wealth Advisors LLC raised its position in iShares Ethereum Trust ETF by 43.1% during the 1st quarter. WCG Wealth Advisors LLC now owns 25,831 shares of the company’s stock worth $357,000 after buying an additional 7,779 shares during the last quarter.

iShares Ethereum Trust ETF Stock Performance

Shares of iShares Ethereum Trust ETF stock opened at $31.08 on Wednesday. iShares Ethereum Trust ETF has a one year low of $10.99 and a one year high of $36.80. The firm has a fifty day moving average of $32.85 and a two-hundred day moving average of $23.62.

iShares Ethereum Trust ETF Profile

The iShares Ethereum Trust ETF (ETHA) 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 spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.