Magnus Financial Group LLC Acquires New Position in iShares Ethereum Trust ETF $ETHA

Magnus Financial Group LLC acquired a new stake in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 23,838 shares of the company’s stock, valued at approximately $751,000.

Other hedge funds also recently made changes to their positions in the company. Private Wealth Management Group LLC bought a new stake in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at approximately $26,000. Princeton Global Asset Management LLC bought a new position in iShares Ethereum Trust ETF during the third quarter worth $31,000. Toth Financial Advisory Corp bought a new position in iShares Ethereum Trust ETF during the third quarter worth $32,000. Sound Income Strategies LLC acquired a new position in iShares Ethereum Trust ETF in the third quarter worth $40,000. Finally, Dakota Community Bank & Trust NA bought a new stake in iShares Ethereum Trust ETF during the third quarter valued at $58,000.

iShares Ethereum Trust ETF Price Performance

Shares of NASDAQ:ETHA opened at $24.83 on Friday. The company’s fifty day moving average is $23.26 and its two-hundred day moving average is $27.45. iShares Ethereum Trust ETF has a 1-year low of $10.99 and a 1-year high of $36.80.

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.