Integrity Wealth Partners LLC Makes New $707,000 Investment in Grayscale Ethereum Mini Trust ETF $ETH

Integrity Wealth Partners LLC purchased a new position in shares of Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 35,290 shares of the company’s stock, valued at approximately $707,000.

Other hedge funds have also made changes to their positions in the company. Verde Capital Management raised its stake in shares of Grayscale Ethereum Mini Trust ETF by 79.4% in the 1st quarter. Verde Capital Management now owns 178,118 shares of the company’s stock valued at $3,537,000 after acquiring an additional 78,826 shares in the last quarter. World Investment Advisors boosted its position in Grayscale Ethereum Mini Trust ETF by 4.9% during the fourth quarter. World Investment Advisors now owns 37,780 shares of the company’s stock worth $1,060,000 after purchasing an additional 1,757 shares during the period. Freedom Financial Partners LLC boosted its position in Grayscale Ethereum Mini Trust ETF by 8.3% during the first quarter. Freedom Financial Partners LLC now owns 37,342 shares of the company’s stock worth $742,000 after purchasing an additional 2,870 shares during the period. PFG Investments LLC grew its holdings in Grayscale Ethereum Mini Trust ETF by 97.2% during the first quarter. PFG Investments LLC now owns 15,155 shares of the company’s stock valued at $301,000 after purchasing an additional 7,470 shares during the last quarter. Finally, SJS Investment Consulting Inc. grew its holdings in Grayscale Ethereum Mini Trust ETF by 46,640.0% during the first quarter. SJS Investment Consulting Inc. now owns 23,370 shares of the company’s stock valued at $464,000 after purchasing an additional 23,320 shares during the last quarter. Institutional investors and hedge funds own 77.84% of the company’s stock.

Grayscale Ethereum Mini Trust ETF Price Performance

NYSEARCA:ETH opened at $16.18 on Friday. The company’s 50 day moving average is $18.56 and its 200-day moving average is $21.61. Grayscale Ethereum Mini Trust ETF has a 12 month low of $14.53 and a 12 month high of $45.78. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 6.86 and a beta of 2.60.

About Grayscale Ethereum Mini Trust ETF

The Grayscale Ethereum Mini Trust ETF (ETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETH was launched on Apr 23, 2024 and is issued by Grayscale.