iShares Ethereum Trust ETF Sees Unusually High Options Volume (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of unusually large options trading activity on Wednesday. Stock investors purchased 55,875 call options on the stock. This is an increase of approximately 104% compared to the typical daily volume of 27,408 call options.

Institutional Investors Weigh In On iShares Ethereum Trust ETF

Several large investors have recently added to or reduced their stakes in the business. WCG Wealth Advisors LLC purchased a new position in iShares Ethereum Trust ETF in the 4th quarter valued at approximately $457,000. Bank of Montreal Can purchased a new stake in shares of iShares Ethereum Trust ETF during the fourth quarter worth $1,262,000. Stevens Capital Management LP raised its stake in shares of iShares Ethereum Trust ETF by 108.3% in the fourth quarter. Stevens Capital Management LP now owns 25,000 shares of the company’s stock valued at $632,000 after acquiring an additional 13,000 shares in the last quarter. LM Advisors LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the fourth quarter valued at $351,000. Finally, Cerity Partners LLC purchased a new position in iShares Ethereum Trust ETF in the fourth quarter valued at $1,245,000.

iShares Ethereum Trust ETF Price Performance

NASDAQ ETHA opened at $21.02 on Wednesday. The firm has a 50 day simple moving average of $15.91 and a 200-day simple moving average of $19.96. iShares Ethereum Trust ETF has a one year low of $10.99 and a one year high of $31.18.

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.