91,126 Shares in Ultra Ether ETF $ETHT Purchased by IMC Chicago LLC

IMC Chicago LLC acquired a new position in shares of Ultra Ether ETF (NYSEARCA:ETHT) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 91,126 shares of the company’s stock, valued at approximately $1,365,000.

Other large investors also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its stake in shares of Ultra Ether ETF by 50.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,639 shares of the company’s stock valued at $65,000 after purchasing an additional 546 shares during the last quarter. Bogart Wealth LLC acquired a new stake in shares of Ultra Ether ETF during the 1st quarter worth approximately $30,000. Integrated Wealth Concepts LLC bought a new stake in shares of Ultra Ether ETF during the third quarter worth approximately $282,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Ultra Ether ETF during the fourth quarter worth approximately $210,000. Finally, Group One Trading LLC lifted its holdings in Ultra Ether ETF by 868.2% in the second quarter. Group One Trading LLC now owns 7,610 shares of the company’s stock valued at $300,000 after buying an additional 6,824 shares during the period.

Ultra Ether ETF Stock Up 4.8%

Shares of ETHT stock opened at $10.89 on Thursday. Ultra Ether ETF has a 52-week low of $7.07 and a 52-week high of $131.74. The firm’s 50 day moving average price is $11.20 and its two-hundred day moving average price is $18.59.

About Ultra Ether ETF

The ProShares Ultra Ether ETF (ETHT) 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 leveraged exposure without directly investing in Ether. ETHT was launched on Jun 7, 2024 and is issued by ProShares.