Miller Global Investments LLC Boosts Stake in Grayscale Ethereum Mini Trust ETF $ETH

Miller Global Investments LLC increased its position in Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) by 285.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,972 shares of the company’s stock after purchasing an additional 28,109 shares during the quarter. Miller Global Investments LLC’s holdings in Grayscale Ethereum Mini Trust ETF were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Verde Capital Management lifted its holdings in shares of Grayscale Ethereum Mini Trust ETF by 79.4% during the first quarter. Verde Capital Management now owns 178,118 shares of the company’s stock valued at $3,537,000 after purchasing an additional 78,826 shares during the last quarter. Graetz Wealth LLC purchased a new stake in shares of Grayscale Ethereum Mini Trust ETF in the 1st quarter worth approximately $1,334,000. Integrity Wealth Partners LLC purchased a new stake in shares of Grayscale Ethereum Mini Trust ETF in the 1st quarter worth approximately $707,000. SJS Investment Consulting Inc. increased its position in Grayscale Ethereum Mini Trust ETF by 46,640.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 23,370 shares of the company’s stock valued at $464,000 after buying an additional 23,320 shares in the last quarter. Finally, Broadhurst Jeffrey B purchased a new position in Grayscale Ethereum Mini Trust ETF during the first quarter valued at $421,000. Hedge funds and other institutional investors own 77.84% of the company’s stock.

Grayscale Ethereum Mini Trust ETF Trading Up 0.1%

Grayscale Ethereum Mini Trust ETF stock opened at $17.82 on Tuesday. Grayscale Ethereum Mini Trust ETF has a 12 month low of $14.53 and a 12 month high of $45.78. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 7.55 and a beta of 2.60. The business’s fifty day simple moving average is $17.06 and its two-hundred day simple moving average is $19.97.

Grayscale Ethereum Mini Trust ETF Profile

The Grayscale Ethereum Mini Trust ETF (ETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETH was launched on Apr 23, 2024 and is issued by Grayscale.