iShares Ethereum Trust ETF Target of Unusually High Options Trading (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of some unusual options trading activity on Thursday. Stock traders acquired 97,171 call options on the company. This is an increase of approximately 162% compared to the average daily volume of 37,050 call options.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. bought a new position in iShares Ethereum Trust ETF in the fourth quarter valued at $25,000. Tucker Asset Management LLC grew its position in iShares Ethereum Trust ETF by 10,742.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,518 shares of the company’s stock valued at $38,000 after purchasing an additional 1,504 shares in the last quarter. Copia Wealth Management bought a new position in iShares Ethereum Trust ETF in the fourth quarter valued at $41,000. Whittier Trust Co. grew its position in iShares Ethereum Trust ETF by 319.4% in the first quarter. Whittier Trust Co. now owns 1,950 shares of the company’s stock valued at $27,000 after purchasing an additional 1,485 shares in the last quarter. Finally, IFP Advisors Inc grew its position in iShares Ethereum Trust ETF by 1,784.5% in the fourth quarter. IFP Advisors Inc now owns 2,073 shares of the company’s stock valued at $52,000 after purchasing an additional 1,963 shares in the last quarter.

iShares Ethereum Trust ETF Stock Down 1.3%

iShares Ethereum Trust ETF stock opened at $19.49 on Friday. iShares Ethereum Trust ETF has a 1-year low of $10.99 and a 1-year high of $31.18. The company has a fifty day simple moving average of $18.35 and a 200 day simple moving average of $18.86.

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.