Atomic Invest LLC Sells 117,360 Shares of iShares Ethereum Trust ETF $ETHA

Atomic Invest LLC trimmed its holdings in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) by 40.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 171,394 shares of the company’s stock after selling 117,360 shares during the period. Atomic Invest LLC’s holdings in iShares Ethereum Trust ETF were worth $2,099,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Macquarie Group Ltd. lifted its position in shares of iShares Ethereum Trust ETF by 182.4% in the fourth quarter. Macquarie Group Ltd. now owns 3,633,670 shares of the company’s stock worth $81,503,000 after purchasing an additional 2,347,070 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of iShares Ethereum Trust ETF by 123.8% during the 4th quarter. Cerity Partners LLC now owns 2,259,563 shares of the company’s stock valued at $50,682,000 after buying an additional 1,249,941 shares during the period. Kaleidoscope Capital LP grew its holdings in shares of iShares Ethereum Trust ETF by 2.8% during the 4th quarter. Kaleidoscope Capital LP now owns 1,397,348 shares of the company’s stock valued at $31,343,000 after acquiring an additional 37,864 shares in the last quarter. Titan Global Capital Management USA LLC grew its holdings in shares of iShares Ethereum Trust ETF by 2.6% during the 1st quarter. Titan Global Capital Management USA LLC now owns 1,262,266 shares of the company’s stock valued at $19,982,000 after acquiring an additional 32,278 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its stake in shares of iShares Ethereum Trust ETF by 42.5% in the first quarter. Wealthfront Advisers LLC now owns 1,227,230 shares of the company’s stock worth $19,427,000 after acquiring an additional 366,092 shares during the last quarter.

iShares Ethereum Trust ETF Stock Down 0.2%

Shares of iShares Ethereum Trust ETF stock traded down $0.04 during trading on Friday, hitting $20.30. 18,238,880 shares of the stock traded hands, compared to its average volume of 36,732,445. The company has a fifty day moving average price of $16.72 and a two-hundred day moving average price of $15.78. iShares Ethereum Trust ETF has a twelve month low of $11.52 and a twelve month high of $36.04.

iShares Ethereum Trust ETF shares are set to reverse split on the morning of Tuesday, October 6th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, October 5th.

About iShares Ethereum Trust ETF

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.