IFP Advisors Inc Grows Holdings in iShares Ethereum Trust ETF $ETHA

IFP Advisors Inc boosted its holdings in iShares Ethereum Trust ETF (NASDAQ:ETHA) by 309.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,484 shares of the company’s stock after purchasing an additional 49,495 shares during the quarter. IFP Advisors Inc’s holdings in iShares Ethereum Trust ETF were worth $1,469,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advyzon Investment Management LLC purchased a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at approximately $1,531,000. Sterling Investment Advisors LLC ADV grew its stake in shares of iShares Ethereum Trust ETF by 25.5% in the 4th quarter. Sterling Investment Advisors LLC ADV now owns 279,953 shares of the company’s stock valued at $6,279,000 after purchasing an additional 56,859 shares during the last quarter. BIP Wealth LLC purchased a new position in shares of iShares Ethereum Trust ETF in the 4th quarter valued at approximately $880,000. Bleakley Financial Group LLC purchased a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at approximately $2,366,000. Finally, Fiduciary Alliance LLC grew its stake in shares of iShares Ethereum Trust ETF by 12.7% in the 4th quarter. Fiduciary Alliance LLC now owns 289,709 shares of the company’s stock valued at $6,498,000 after purchasing an additional 32,594 shares during the last quarter.

iShares Ethereum Trust ETF Trading Down 3.6%

Shares of ETHA stock opened at $15.57 on Friday. The business’s 50 day moving average is $16.75 and its two-hundred day moving average is $19.44. iShares Ethereum Trust ETF has a twelve month low of $13.62 and a twelve month 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.