Envestnet Asset Management Inc. Has $6.78 Million Stock Position in iShares Ethereum Trust ETF $ETHA

Envestnet Asset Management Inc. lessened its stake in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 47.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 215,103 shares of the company’s stock after selling 197,138 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.12% of iShares Ethereum Trust ETF worth $6,778,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE acquired a new stake in iShares Ethereum Trust ETF in the fourth quarter valued at $94,000. NewEdge Advisors LLC bought a new stake in shares of iShares Ethereum Trust ETF in the 1st quarter valued at about $174,000. CWM LLC lifted its stake in iShares Ethereum Trust ETF by 74.3% in the 2nd quarter. CWM LLC now owns 34,814 shares of the company’s stock valued at $664,000 after purchasing an additional 14,842 shares during the last quarter. Harbour Investments Inc. lifted its stake 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 purchasing an additional 621 shares during the last quarter. Finally, Brookstone Capital Management grew its holdings in iShares Ethereum Trust ETF by 7.6% during 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 period.

iShares Ethereum Trust ETF Stock Performance

NASDAQ:ETHA opened at $14.89 on Friday. iShares Ethereum Trust ETF has a 12-month low of $10.99 and a 12-month high of $36.80. The stock’s 50 day moving average price is $20.62 and its two-hundred day moving average price is $26.39.

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.