Compass Ion Advisors LLC Has $375,000 Position in Grayscale Ethereum Trust (ETH) $ETHE

Key Points

• Compass Ion Advisors LLC reduced its stake in the Grayscale Ethereum Trust (ETH) by 38.8%, selling 11,411 shares to hold a total of 17,990 shares valued at approximately $375,000.
• Other institutional investors like Verde Capital Management and CWM LLC have recently made significant purchases or increases in their positions in Grayscale Ethereum Trust (ETH), indicating ongoing interest in the asset.
• The Grayscale Ethereum Trust (ETH) stock is currently down by 3.3%, with a trading range between a 12-month low of $12.10 and a high of $40.13.

Compass Ion Advisors LLC lowered its holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 38.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,990 shares of the company's stock after selling 11,411 shares during the quarter. Compass Ion Advisors LLC's holdings in Grayscale Ethereum Trust (ETH) were worth $375,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Verde Capital Management acquired a new position in Grayscale Ethereum Trust (ETH) in the first quarter worth $2,473,000. CWM LLC boosted its stake in Grayscale Ethereum Trust (ETH) by 635.7% in the first quarter. CWM LLC now owns 15,927 shares of the company's stock worth $242,000 after purchasing an additional 13,762 shares in the last quarter. Simplicity Wealth LLC acquired a new position in Grayscale Ethereum Trust (ETH) in the first quarter worth $536,000. Avantax Advisory Services Inc. boosted its stake in Grayscale Ethereum Trust (ETH) by 144.0% in the first quarter. Avantax Advisory Services Inc. now owns 72,900 shares of the company's stock worth $1,110,000 after purchasing an additional 43,018 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in shares of Grayscale Ethereum Trust (ETH) by 103.7% during the first quarter. HB Wealth Management LLC now owns 19,587 shares of the company's stock valued at $298,000 after acquiring an additional 9,971 shares during the period.

Grayscale Ethereum Trust (ETH) Stock Down 3.3%

Shares of ETHE opened at $36.58 on Friday. Grayscale Ethereum Trust has a 12-month low of $12.10 and a 12-month high of $40.13. The stock's fifty day simple moving average is $33.88 and its 200-day simple moving average is $23.61.

About Grayscale Ethereum Trust (ETH)

crossword cybersecurity is a technology commercialisation company focusing exclusively on the cyber security sector. we work with research intensive european university partners to identify promising cyber security intellectual property ("ip"​) from research that our industry partners tell us meet emerging real-world challenges.

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