Fifth Third Bancorp Makes New $2.78 Million Investment in iShares Ethereum Trust ETF $ETHA

Fifth Third Bancorp bought a new stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 175,340 shares of the company’s stock, valued at approximately $2,776,000.

Other hedge funds also recently made changes to their positions in the company. Colonial Trust Advisors purchased a new position in iShares Ethereum Trust ETF during the 4th quarter valued at about $25,000. Golden State Wealth Management LLC purchased a new stake in iShares Ethereum Trust ETF in the fourth quarter worth about $26,000. Modus Advisors LLC purchased a new stake in iShares Ethereum Trust ETF in the fourth quarter worth about $30,000. Acumen Wealth Advisors LLC bought a new position in shares of iShares Ethereum Trust ETF during the fourth quarter valued at approximately $30,000. Finally, Ancora Advisors LLC bought a new position in shares of iShares Ethereum Trust ETF during the third quarter valued at approximately $36,000.

iShares Ethereum Trust ETF Trading Up 3.0%

ETHA stock opened at $14.33 on Tuesday. The firm has a 50 day moving average price of $13.95 and a 200-day moving average price of $16.55. iShares Ethereum Trust ETF has a 52-week low of $11.52 and a 52-week high of $36.80.

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.