BlueCrest Capital Management Ltd Invests $28.61 Million in iShares Ethereum Trust ETF $ETHA

BlueCrest Capital Management Ltd bought a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,500,000 shares of the company’s stock, valued at approximately $28,605,000. iShares Ethereum Trust ETF comprises 1.1% of BlueCrest Capital Management Ltd’s investment portfolio, making the stock its 13th largest position. BlueCrest Capital Management Ltd owned 0.83% of iShares Ethereum Trust ETF at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC purchased a new stake in iShares Ethereum Trust ETF in the first quarter valued at approximately $35,000. Steward Partners Investment Advisory LLC acquired a new position in shares of iShares Ethereum Trust ETF in the 2nd quarter valued at $44,000. PNC Financial Services Group Inc. raised its position in iShares Ethereum Trust ETF by 328.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,285 shares of the company’s stock valued at $59,000 after purchasing an additional 3,285 shares during the last quarter. MAI Capital Management boosted its stake in iShares Ethereum Trust ETF by 336.8% during the 1st quarter. MAI Capital Management now owns 5,111 shares of the company’s stock worth $71,000 after purchasing an additional 3,941 shares during the period. Finally, Harbour Investments Inc. grew its position in iShares Ethereum Trust ETF by 16.8% during the 2nd quarter. Harbour Investments Inc. now owns 4,313 shares of the company’s stock worth $82,000 after purchasing an additional 621 shares during the last quarter.

iShares Ethereum Trust ETF Stock Performance

NASDAQ ETHA opened at $23.27 on Friday. The firm’s fifty day moving average is $26.60 and its two-hundred day moving average is $26.85. iShares Ethereum Trust ETF has a one year low of $10.99 and a one year high of $36.80.

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.