Surience Private Wealth LLC Invests $1.11 Million in Grayscale Ethereum Trust ETF $ETHE

Surience Private Wealth LLC bought a new stake in shares of Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 64,988 shares of the company’s stock, valued at approximately $1,109,000. Grayscale Ethereum Trust ETF makes up 1.2% of Surience Private Wealth LLC’s holdings, making the stock its 27th biggest position. Surience Private Wealth LLC owned 0.06% of Grayscale Ethereum Trust ETF at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ETHE. DRW Securities LLC acquired a new position in Grayscale Ethereum Trust ETF in the fourth quarter worth approximately $12,338,000. Titleist Asset Management LLC lifted its position in shares of Grayscale Ethereum Trust ETF by 9.4% during the 4th quarter. Titleist Asset Management LLC now owns 205,523 shares of the company’s stock valued at $5,009,000 after acquiring an additional 17,620 shares during the last quarter. Verde Capital Management boosted its stake in shares of Grayscale Ethereum Trust ETF by 4.1% during the 1st quarter. Verde Capital Management now owns 164,312 shares of the company’s stock worth $2,805,000 after acquiring an additional 6,493 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Grayscale Ethereum Trust ETF during the 3rd quarter worth $5,422,000. Finally, Focus Partners Wealth grew its holdings in shares of Grayscale Ethereum Trust ETF by 22.7% in the 4th quarter. Focus Partners Wealth now owns 153,734 shares of the company’s stock worth $3,524,000 after acquiring an additional 28,453 shares during the last quarter.

Grayscale Ethereum Trust ETF Stock Down 4.8%

Shares of Grayscale Ethereum Trust ETF stock opened at $12.79 on Thursday. The stock’s fifty day moving average is $16.67 and its 200-day moving average is $19.17. The firm has a market capitalization of $1.35 billion, a PE ratio of 2.06 and a beta of 2.46. Grayscale Ethereum Trust ETF has a 12-month low of $12.46 and a 12-month high of $40.13.

Grayscale Ethereum Trust ETF Profile

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.