Bank of Montreal Can Cuts Stock Holdings in iShares Ethereum Trust ETF $ETHA

Bank of Montreal Can lowered its position in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) by 44.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,074 shares of the company’s stock after selling 34,848 shares during the period. Bank of Montreal Can’s holdings in iShares Ethereum Trust ETF were worth $840,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Harbour Investments Inc. lifted its position in iShares Ethereum Trust ETF by 16.8% in the 2nd quarter. Harbour Investments Inc. now owns 4,313 shares of the company’s stock valued at $82,000 after acquiring an additional 621 shares in the last quarter. Brookstone Capital Management raised its stake in shares of iShares Ethereum Trust ETF by 7.6% in the second quarter. Brookstone Capital Management now owns 18,297 shares of the company’s stock worth $349,000 after purchasing an additional 1,291 shares during the last quarter. Ridgewood Investments LLC raised its stake in shares of iShares Ethereum Trust ETF by 101.6% in the first quarter. Ridgewood Investments LLC now owns 2,685 shares of the company’s stock worth $37,000 after purchasing an additional 1,353 shares during the last quarter. Whittier Trust Co. lifted its holdings in shares of iShares Ethereum Trust ETF by 319.4% during the first quarter. Whittier Trust Co. now owns 1,950 shares of the company’s stock valued at $27,000 after purchasing an additional 1,485 shares in the last quarter. Finally, Copia Wealth Management boosted its position in shares of iShares Ethereum Trust ETF by 48.6% during the second quarter. Copia Wealth Management now owns 5,432 shares of the company’s stock valued at $104,000 after buying an additional 1,777 shares during the last quarter.

iShares Ethereum Trust ETF Trading Down 1.0%

NASDAQ ETHA opened at $23.69 on Friday. iShares Ethereum Trust ETF has a one year low of $10.99 and a one year high of $36.80. The stock has a 50-day moving average of $30.52 and a 200 day moving average of $26.13.

iShares Ethereum Trust ETF 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.