XTX Topco Ltd Takes $65,000 Position in Ultra Ether ETF (NYSEARCA:ETHT)

XTX Topco Ltd acquired a new position in Ultra Ether ETF (NYSEARCA:ETHT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,774 shares of the company’s stock, valued at approximately $65,000. XTX Topco Ltd owned about 0.08% of Ultra Ether ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ETHT. Silverleafe Capital Partners LLC bought a new stake in shares of Ultra Ether ETF during the 1st quarter valued at $144,000. Integrated Advisors Network LLC lifted its stake in Ultra Ether ETF by 61.7% in the 1st quarter. Integrated Advisors Network LLC now owns 54,173 shares of the company’s stock worth $275,000 after purchasing an additional 20,661 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of Ultra Ether ETF during the 4th quarter valued at about $341,000. Finally, Jane Street Group LLC purchased a new stake in shares of Ultra Ether ETF during the 4th quarter valued at about $613,000.

Ultra Ether ETF Stock Performance

Shares of ETHT stock opened at $109.79 on Friday. The company’s 50-day simple moving average is $63.49 and its two-hundred day simple moving average is $46.99. Ultra Ether ETF has a one year low of $15.40 and a one year high of $173.20.

Ultra Ether ETF Company Profile

The ProShares Ultra Ether ETF (ETHT) 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 leveraged exposure without directly investing in Ether. ETHT was launched on Jun 7, 2024 and is issued by ProShares.