Miller Global Investments LLC Purchases 28,109 Shares of Grayscale Ethereum Mini Trust ETF $ETH

Miller Global Investments LLC grew its position in shares of Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) by 285.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,972 shares of the company’s stock after buying an additional 28,109 shares during the quarter. Miller Global Investments LLC’s holdings in Grayscale Ethereum Mini Trust ETF were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Verde Capital Management raised its holdings in Grayscale Ethereum Mini Trust ETF by 79.4% in the 1st quarter. Verde Capital Management now owns 178,118 shares of the company’s stock worth $3,537,000 after acquiring an additional 78,826 shares during the last quarter. Graetz Wealth LLC bought a new stake in shares of Grayscale Ethereum Mini Trust ETF in the 1st quarter worth $1,334,000. Integrity Wealth Partners LLC bought a new stake in shares of Grayscale Ethereum Mini Trust ETF in the 1st quarter worth $707,000. SJS Investment Consulting Inc. raised its stake in shares of Grayscale Ethereum Mini Trust ETF by 46,640.0% in the first quarter. SJS Investment Consulting Inc. now owns 23,370 shares of the company’s stock worth $464,000 after purchasing an additional 23,320 shares during the last quarter. Finally, Broadhurst Jeffrey B bought a new position in shares of Grayscale Ethereum Mini Trust ETF during the first quarter valued at $421,000. Institutional investors own 77.84% of the company’s stock.

Grayscale Ethereum Mini Trust ETF Price Performance

Grayscale Ethereum Mini Trust ETF stock opened at $17.82 on Tuesday. Grayscale Ethereum Mini Trust ETF has a one year low of $14.53 and a one year high of $45.78. The business’s fifty day moving average is $17.06 and its 200 day moving average is $19.97. The stock has a market capitalization of $1.71 billion, a PE ratio of 7.55 and a beta of 2.60.

About Grayscale Ethereum Mini Trust ETF

The Grayscale Ethereum Mini Trust ETF (ETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETH was launched on Apr 23, 2024 and is issued by Grayscale.