iShares Ethereum Trust ETF (NASDAQ:ETHA) Shares Gap Up – Here’s What Happened

iShares Ethereum Trust ETF (NASDAQ:ETHA) shares gapped up prior to trading on Wednesday . The stock had previously closed at $14.39, but opened at $15.24. iShares Ethereum Trust ETF shares last traded at $15.26, with a volume of 1,669,439 shares trading hands.

iShares Ethereum Trust ETF Price Performance

The company has a 50 day moving average price of $20.13 and a 200 day moving average price of $21.71.

Institutional Trading of iShares Ethereum Trust ETF

Several large investors have recently made changes to their positions in ETHA. First Horizon Advisors Inc. acquired a new stake in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at about $154,000. Smithfield Trust Co acquired a new position in iShares Ethereum Trust ETF during the 3rd quarter valued at about $42,000. Pekin Hardy Strauss Inc. acquired a new position in iShares Ethereum Trust ETF during the 3rd quarter valued at about $383,000. Brown Brothers Harriman & Co. acquired a new position in iShares Ethereum Trust ETF during the 3rd quarter valued at about $444,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares Ethereum Trust ETF during the 3rd quarter valued at about $290,000.

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.