iShares Ethereum Trust ETF Sees Unusually Large Options Volume (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the recipient of unusually large options trading activity on Tuesday. Traders purchased 204,174 call options on the stock. This represents an increase of approximately 52% compared to the average volume of 133,893 call options.

iShares Ethereum Trust ETF Price Performance

Shares of NASDAQ:ETHA traded up $0.20 on Tuesday, reaching $14.53. 35,068,278 shares of the company traded hands, compared to its average volume of 35,683,465. The company’s 50 day moving average is $13.95 and its 200-day moving average is $16.55. iShares Ethereum Trust ETF has a fifty-two week low of $11.52 and a fifty-two week high of $36.80.

Hedge Funds Weigh In On iShares Ethereum Trust ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ETHA. Whitener Capital Management Inc. acquired a new stake in iShares Ethereum Trust ETF during the 2nd quarter worth about $141,000. Wealth Group Ltd purchased a new position in shares of iShares Ethereum Trust ETF in the second quarter worth approximately $134,000. Sterling Investment Advisors LLC ADV increased its position in shares of iShares Ethereum Trust ETF by 3.4% in the second quarter. Sterling Investment Advisors LLC ADV now owns 439,332 shares of the company’s stock worth $5,224,000 after acquiring an additional 14,325 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of iShares Ethereum Trust ETF by 40.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 44,229 shares of the company’s stock valued at $526,000 after acquiring an additional 12,813 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. lifted its position in shares of iShares Ethereum Trust ETF by 14.5% in the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 144,765 shares of the company’s stock valued at $1,721,000 after acquiring an additional 18,342 shares in the last quarter.

iShares Ethereum Trust ETF Company 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.