Grayscale Ethereum Trust ETF $ETHE Position Trimmed by Brookstone Capital Management

Brookstone Capital Management decreased its holdings in Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) by 83.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,053 shares of the company’s stock after selling 100,649 shares during the period. Brookstone Capital Management’s holdings in Grayscale Ethereum Trust ETF were worth $489,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ETHE. Dunhill Financial LLC acquired a new stake in shares of Grayscale Ethereum Trust ETF during the third quarter worth approximately $31,000. Ameritas Advisory Services LLC purchased a new position in Grayscale Ethereum Trust ETF during the third quarter valued at approximately $34,000. Huntington National Bank increased its stake in Grayscale Ethereum Trust ETF by 100,000.0% in the 3rd quarter. Huntington National Bank now owns 1,001 shares of the company’s stock valued at $34,000 after buying an additional 1,000 shares during the period. Fairway Wealth LLC increased its stake in Grayscale Ethereum Trust ETF by 180.3% in the 3rd quarter. Fairway Wealth LLC now owns 1,121 shares of the company’s stock valued at $38,000 after buying an additional 721 shares during the period. Finally, Cooksen Wealth LLC purchased a new stake in Grayscale Ethereum Trust ETF in the 2nd quarter worth approximately $41,000.

Grayscale Ethereum Trust ETF Price Performance

Shares of NYSEARCA:ETHE opened at $16.80 on Monday. The firm has a fifty day moving average of $17.50 and a two-hundred day moving average of $24.58. The firm has a market capitalization of $1.77 billion, a P/E ratio of 2.06 and a beta of 4.48. Grayscale Ethereum Trust ETF has a 12-month low of $12.10 and a 12-month high of $40.13.

Grayscale Ethereum Trust ETF Company Profile

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.