26,633 Shares in UltraShort Ether ETF $ETHD Purchased by IMC Chicago LLC

IMC Chicago LLC purchased a new position in shares of UltraShort Ether ETF (NYSEARCA:ETHD) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,633 shares of the company’s stock, valued at approximately $1,675,000. IMC Chicago LLC owned about 1.65% of UltraShort Ether ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ETHD. MYDA Advisors LLC acquired a new stake in shares of UltraShort Ether ETF in the fourth quarter valued at approximately $1,188,000. Susquehanna International Group LLP increased its holdings in shares of UltraShort Ether ETF by 23.3% during the 3rd quarter. Susquehanna International Group LLP now owns 135,198 shares of the company’s stock worth $498,000 after acquiring an additional 25,540 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of UltraShort Ether ETF by 23.5% during the 1st quarter. Jane Street Group LLC now owns 27,842 shares of the company’s stock worth $1,510,000 after acquiring an additional 5,298 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in UltraShort Ether ETF in the 3rd quarter valued at $901,000. Finally, Group One Trading LLC bought a new stake in UltraShort Ether ETF in the 3rd quarter valued at $172,000.

UltraShort Ether ETF Stock Down 4.6%

Shares of UltraShort Ether ETF stock opened at $59.33 on Thursday. The business has a fifty day simple moving average of $72.01 and a two-hundred day simple moving average of $64.83. UltraShort Ether ETF has a 1 year low of $27.60 and a 1 year high of $106.80.

UltraShort Ether ETF Company Profile

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.