IMC Chicago LLC Acquires Shares of 367,266 UltraShort Ether ETF $ETHD

IMC Chicago LLC bought a new position in UltraShort Ether ETF (NYSEARCA:ETHD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 367,266 shares of the company’s stock, valued at approximately $1,352,000.

Separately, Jane Street Group LLC raised its holdings in UltraShort Ether ETF by 184.2% during the second quarter. Jane Street Group LLC now owns 79,137 shares of the company’s stock worth $1,183,000 after purchasing an additional 51,295 shares in the last quarter.

UltraShort Ether ETF Stock Down 20.0%

Shares of ETHD opened at $82.98 on Friday. The stock’s 50 day moving average is $50.95 and its two-hundred day moving average is $45.47. UltraShort Ether ETF has a twelve month low of $27.60 and a twelve month high of $743.13.

UltraShort Ether ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a dividend of $0.1467 per share. This is a boost from UltraShort Ether ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 2nd.

About UltraShort Ether ETF

The ProShares UltraShort Ether ETF (ETHD) 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 inverse exposure without directly investing in Ether ETHD was launched on Jun 7, 2024 and is issued by ProShares.