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

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw unusually large options trading activity on Thursday. Investors purchased 109,364 call options on the company. Thisrepresentsanincreaseofapproximately31% compared to the average volume of 83,653 call options.

iShares Ethereum Trust ETF Trading Up 5.0%

Shares of iShares Ethereum Trust ETF stock opened at $29.31 on Friday. The firm’s 50-day moving average is $22.41 and its 200 day moving average is $18.86. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year high of $31.18.

Hedge Funds Weigh In On iShares Ethereum Trust ETF

Hedge funds have recently bought and sold shares of the company. Ridgewood Investments LLC boosted its stake in iShares Ethereum Trust ETF by 101.6% in the 1st quarter. Ridgewood Investments LLC now owns 2,685 shares of the company’s stock worth $37,000 after purchasing an additional 1,353 shares in the last quarter. WCG Wealth Advisors LLC bought a new position in iShares Ethereum Trust ETF in the 4th quarter worth about $457,000. Cornerstone Planning Group LLC lifted its stake in iShares Ethereum Trust ETF by 31.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 4,426 shares of the company’s stock valued at $60,000 after acquiring an additional 1,050 shares during the period. Bank of Montreal Can bought a new position in iShares Ethereum Trust ETF during the 4th quarter valued at about $1,262,000. Finally, Fountainhead AM LLC lifted its stake in iShares Ethereum Trust ETF by 28.1% during the 1st quarter. Fountainhead AM LLC now owns 57,273 shares of the company’s stock valued at $792,000 after acquiring an additional 12,559 shares during the period.

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.