iShares Ethereum Trust ETF $ETHA Shares Sold by Lido Advisors LLC

Lido Advisors LLC reduced its holdings in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) by 41.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 57,804 shares of the company’s stock after selling 40,934 shares during the period. Lido Advisors LLC’s holdings in iShares Ethereum Trust ETF were worth $915,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE purchased a new position in iShares Ethereum Trust ETF in the 4th quarter valued at approximately $94,000. NewEdge Advisors LLC purchased a new stake in shares of iShares Ethereum Trust ETF during the first quarter worth $174,000. Raymond James Financial Inc. acquired a new stake in shares of iShares Ethereum Trust ETF in the second quarter valued at $255,000. Vienna Asset Management LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the second quarter valued at $4,711,000. Finally, Brevan Howard Capital Management LP purchased a new position in iShares Ethereum Trust ETF in the second quarter valued at $806,000.

iShares Ethereum Trust ETF Trading Down 1.5%

NASDAQ:ETHA opened at $14.49 on Wednesday. iShares Ethereum Trust ETF has a 12-month low of $11.52 and a 12-month high of $36.80. The stock has a fifty day moving average price of $13.68 and a 200 day moving average price of $16.16.

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.