iShares Ethereum Trust ETF (NASDAQ:ETHA) Sets New 1-Year Low – Here’s What Happened

Shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) hit a new 52-week low on Saturday . The stock traded as low as $11.62 and last traded at $11.87, with a volume of 82391857 shares. The stock had previously closed at $13.39.

iShares Ethereum Trust ETF Price Performance

The company’s fifty day moving average price is $16.39 and its 200 day moving average price is $18.68.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ETHA. Colonial Trust Advisors acquired a new position in shares of iShares Ethereum Trust ETF in the 4th quarter valued at about $25,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at about $26,000. Golden State Wealth Management LLC acquired a new position in shares of iShares Ethereum Trust ETF in the 4th quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at about $28,000. Finally, Modus Advisors LLC acquired a new position in shares of iShares Ethereum Trust ETF in the 4th quarter valued at about $30,000.

iShares Ethereum Trust ETF Company 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.