MYDA Advisors LLC purchased a new position in UltraShort Ether ETF (NYSEARCA:ETHD – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 24,000 shares of the company’s stock, valued at approximately $1,188,000. MYDA Advisors LLC owned approximately 1.50% of UltraShort Ether ETF at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of ETHD. StoneX Group Inc. purchased a new position in shares of UltraShort Ether ETF during the second quarter valued at approximately $156,000. Jane Street Group LLC lifted its holdings in shares of UltraShort Ether ETF by 23.5% during the first quarter. Jane Street Group LLC now owns 27,842 shares of the company’s stock valued at $1,510,000 after purchasing an additional 5,298 shares during the last quarter. Group One Trading LLC purchased a new position in shares of UltraShort Ether ETF during the third quarter valued at approximately $172,000. Susquehanna International Group LLP lifted its holdings in shares of UltraShort Ether ETF by 23.3% during the third quarter. Susquehanna International Group LLP now owns 135,198 shares of the company’s stock valued at $498,000 after purchasing an additional 25,540 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of UltraShort Ether ETF during the third quarter valued at approximately $901,000.
UltraShort Ether ETF Stock Performance
ETHD stock opened at $87.72 on Monday. The firm has a 50 day moving average price of $60.18 and a 200-day moving average price of $60.34. UltraShort Ether ETF has a 52-week low of $27.60 and a 52-week high of $196.10.
About UltraShort Ether ETF
The ProShares UltraShort Ether ETF (ETHD) is an exchange-traded fund that is based on the Bloomberg Ethereum index. The fund tracks -2x the daily price movements of an index that measures the price of Ether. It uses futures contracts to provide inverse exposure without directly investing in Ether ETHD was launched on Jun 7, 2024 and is issued by ProShares.
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