Grayscale Ethereum Trust (ETH) $ETHE Shares Purchased by Connective Capital Management LLC

Key Points

• Connective Capital Management LLC has increased its stake in Grayscale Ethereum Trust (ETH) by 37.8%, owning 28,466 shares valued at approximately $433,000 as of its latest SEC filing.
• Other institutional investors, such as Wedbush Securities Inc. and PFG Investments LLC, also raised their stakes in Grayscale Ethereum Trust (ETH) during the first quarter, reflecting growing interest in the company.
• As of Monday, shares of Grayscale Ethereum Trust (ETH) opened at $39.94, showing significant price movement with a 52-week low of $12.10 and a high of $40.13.

Connective Capital Management LLC increased its position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 37.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,466 shares of the company's stock after acquiring an additional 7,807 shares during the period. Connective Capital Management LLC's holdings in Grayscale Ethereum Trust (ETH) were worth $433,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Abound Financial LLC acquired a new stake in shares of Grayscale Ethereum Trust (ETH) in the 1st quarter worth about $33,000. Headlands Technologies LLC increased its holdings in shares of Grayscale Ethereum Trust (ETH) by 1,221.3% in the 1st quarter. Headlands Technologies LLC now owns 2,352 shares of the company's stock worth $36,000 after acquiring an additional 2,174 shares during the period. Cornerstone Planning Group LLC increased its holdings in shares of Grayscale Ethereum Trust (ETH) by 5,400.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 2,750 shares of the company's stock worth $41,000 after acquiring an additional 2,700 shares during the period. Garde Capital Inc. acquired a new stake in shares of Grayscale Ethereum Trust (ETH) in the 4th quarter worth about $101,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Grayscale Ethereum Trust (ETH) in the 4th quarter worth about $146,000.

Grayscale Ethereum Trust (ETH) Stock Down 2.2%

Shares of ETHE stock traded down $0.82 during trading hours on Friday, reaching $35.80. The stock had a trading volume of 8,101,256 shares, compared to its average volume of 5,149,320. Grayscale Ethereum Trust has a twelve month low of $12.10 and a twelve month high of $40.13. The firm has a 50-day simple moving average of $29.33 and a 200-day simple moving average of $21.98.

Grayscale Ethereum Trust (ETH) Profile

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.