Aragon Global Management LP Takes Position in iShares Ethereum Trust ETF $ETHA

Aragon Global Management LP bought a new position in iShares Ethereum Trust ETF (NASDAQ:ETHA) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 70,100 shares of the company’s stock, valued at approximately $2,209,000. iShares Ethereum Trust ETF makes up approximately 0.7% of Aragon Global Management LP’s investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC raised its stake in iShares Ethereum Trust ETF by 9.6% during the 3rd quarter. Cornerstone Planning Group LLC now owns 5,181 shares of the company’s stock valued at $163,000 after buying an additional 455 shares during the last quarter. Activest Wealth Management raised its holdings in iShares Ethereum Trust ETF by 252.7% in the 3rd quarter. Activest Wealth Management now owns 864 shares of the company’s stock worth $27,000 after purchasing an additional 619 shares during the period. Spire Wealth Management lifted its position in iShares Ethereum Trust ETF by 41.2% during the third quarter. Spire Wealth Management now owns 2,246 shares of the company’s stock valued at $71,000 after purchasing an additional 655 shares in the last quarter. Ridgewood Investments LLC lifted its position in iShares Ethereum Trust ETF by 6.8% during the third quarter. Ridgewood Investments LLC now owns 11,722 shares of the company’s stock valued at $369,000 after purchasing an additional 746 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd increased its holdings in iShares Ethereum Trust ETF by 64.9% in the 3rd quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 2,035 shares of the company’s stock worth $64,000 after acquiring an additional 801 shares in the last quarter.

iShares Ethereum Trust ETF Stock Up 1.7%

Shares of ETHA opened at $15.89 on Friday. The company has a 50 day simple moving average of $18.52 and a two-hundred day simple moving average of $24.62. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year 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.