Global Retirement Partners LLC Sells 43,425 Shares of Grayscale Ethereum Trust ETF $ETHE

Global Retirement Partners LLC trimmed its holdings in shares of Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) by 72.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,855 shares of the company’s stock after selling 43,425 shares during the quarter. Global Retirement Partners LLC’s holdings in Grayscale Ethereum Trust ETF were worth $411,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ETHE. Nvwm LLC grew its position in shares of Grayscale Ethereum Trust ETF by 500.0% in the 4th quarter. Nvwm LLC now owns 1,200 shares of the company’s stock valued at $29,000 after buying an additional 1,000 shares during the last quarter. Dunhill Financial LLC bought a new stake in shares of Grayscale Ethereum Trust ETF in the 3rd quarter valued at $31,000. Ameritas Advisory Services LLC bought a new stake in shares of Grayscale Ethereum Trust ETF in the 3rd quarter valued at $34,000. Huntington National Bank boosted its stake in shares of 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 purchasing an additional 1,000 shares during the last quarter. Finally, Cooksen Wealth LLC bought a new stake in shares of Grayscale Ethereum Trust ETF in the 2nd quarter valued at $41,000.

Grayscale Ethereum Trust ETF Price Performance

NYSEARCA ETHE opened at $16.31 on Friday. The stock has a market capitalization of $1.72 billion, a P/E ratio of 2.06 and a beta of 2.73. The business has a 50 day simple moving average of $17.91 and a 200 day simple moving average of $20.65. Grayscale Ethereum Trust ETF has a one year low of $14.71 and a one year high of $40.13.

About Grayscale Ethereum Trust ETF

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.