Brookstone Capital Management Has $489,000 Stock Position in Grayscale Ethereum Trust ETF $ETHE

Brookstone Capital Management reduced its position in Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) by 83.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,053 shares of the company’s stock after selling 100,649 shares during the period. Brookstone Capital Management’s holdings in Grayscale Ethereum Trust ETF were worth $489,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Dunhill Financial LLC acquired a new position in Grayscale Ethereum Trust ETF in the 3rd quarter worth approximately $31,000. Ameritas Advisory Services LLC purchased a new position in Grayscale Ethereum Trust ETF during the 3rd quarter worth approximately $34,000. Huntington National Bank raised its stake in Grayscale Ethereum Trust ETF by 100,000.0% during the 3rd quarter. Huntington National Bank now owns 1,001 shares of the company’s stock valued at $34,000 after purchasing an additional 1,000 shares during the period. Fairway Wealth LLC raised its stake in Grayscale Ethereum Trust ETF by 180.3% during the 3rd quarter. Fairway Wealth LLC now owns 1,121 shares of the company’s stock valued at $38,000 after purchasing an additional 721 shares during the period. Finally, Quent Capital LLC purchased a new stake in shares of Grayscale Ethereum Trust ETF in the third quarter valued at $46,000.

Grayscale Ethereum Trust ETF Price Performance

ETHE opened at $16.80 on Monday. The firm has a market capitalization of $1.77 billion, a P/E ratio of 2.06 and a beta of 4.48. The stock has a fifty day moving average of $17.50 and a 200-day moving average of $24.58. Grayscale Ethereum Trust ETF has a 12-month low of $12.10 and a 12-month high of $40.13.

Grayscale Ethereum Trust ETF Profile

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.