44,985 Shares in Grayscale Ethereum Trust ETF $ETHE Purchased by Aristides Capital LLC

Aristides Capital LLC acquired a new position in Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 44,985 shares of the company’s stock, valued at approximately $1,096,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ETHE. TRU Independence Asset Management 2 LLC grew its position in shares of Grayscale Ethereum Trust ETF by 44.4% during the 4th quarter. TRU Independence Asset Management 2 LLC now owns 50,917 shares of the company’s stock valued at $1,241,000 after acquiring an additional 15,665 shares during the period. Corient Private Wealth LLC grew its holdings in Grayscale Ethereum Trust ETF by 15.6% during the fourth quarter. Corient Private Wealth LLC now owns 33,084 shares of the company’s stock valued at $806,000 after purchasing an additional 4,455 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Grayscale Ethereum Trust ETF by 245.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 32,366 shares of the company’s stock valued at $789,000 after purchasing an additional 23,002 shares during the period. Beacon Pointe Advisors LLC increased its position in Grayscale Ethereum Trust ETF by 1.5% in the fourth quarter. Beacon Pointe Advisors LLC now owns 53,713 shares of the company’s stock worth $1,309,000 after buying an additional 793 shares during the last quarter. Finally, VestGen Advisors LLC increased its position in Grayscale Ethereum Trust ETF by 74.4% in the fourth quarter. VestGen Advisors LLC now owns 12,531 shares of the company’s stock worth $305,000 after buying an additional 5,347 shares during the last quarter.

Grayscale Ethereum Trust ETF Price Performance

Shares of ETHE opened at $13.79 on Friday. Grayscale Ethereum Trust ETF has a 1 year low of $12.46 and a 1 year high of $40.13. The stock’s fifty day moving average price is $17.05 and its two-hundred day moving average price is $19.48. The firm has a market cap of $1.46 billion, a PE ratio of 2.06 and a beta of 2.46.

Grayscale Ethereum Trust ETF 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.