iShares Ethereum Trust ETF (NASDAQ:ETHA) Stock Scheduled to Reverse Split on Tuesday, October 6th

iShares Ethereum Trust ETF (NASDAQ:ETHA)’s stock is going to reverse split on 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.

iShares Ethereum Trust ETF Price Performance

ETHA opened at $20.31 on Monday. The firm’s fifty day moving average price is $16.84 and its two-hundred day moving average price is $15.82. iShares Ethereum Trust ETF has a 1 year low of $11.52 and a 1 year high of $36.04.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ETHA. Macquarie Group Ltd. increased its stake in iShares Ethereum Trust ETF by 182.4% in the 4th quarter. Macquarie Group Ltd. now owns 3,633,670 shares of the company’s stock valued at $81,503,000 after buying an additional 2,347,070 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of iShares Ethereum Trust ETF by 123.8% in the fourth quarter. Cerity Partners LLC now owns 2,259,563 shares of the company’s stock valued at $50,682,000 after acquiring an additional 1,249,941 shares in the last quarter. Kaleidoscope Capital LP grew its holdings in shares of iShares Ethereum Trust ETF by 2.8% in the fourth 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% in the first 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 position in shares of iShares Ethereum Trust ETF by 42.5% during the first quarter. Wealthfront Advisers LLC now owns 1,227,230 shares of the company’s stock valued at $19,427,000 after acquiring an additional 366,092 shares during the last quarter.

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.