Connective Capital Management LLC Grows Stake in Grayscale Ethereum Trust (ETH) $ETHE

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 stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 37.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wedbush Securities Inc. raised its stake in shares of Grayscale Ethereum Trust (ETH) by 8.1% during the first quarter. Wedbush Securities Inc. now owns 13,367 shares of the company's stock valued at $203,000 after acquiring an additional 1,000 shares in the last quarter. PFG Investments LLC raised its stake in Grayscale Ethereum Trust (ETH) by 7.8% in the first quarter. PFG Investments LLC now owns 15,590 shares of the company's stock worth $237,000 after buying an additional 1,128 shares in the last quarter. Larson Financial Group LLC raised its stake in Grayscale Ethereum Trust (ETH) by 17.2% in the first quarter. Larson Financial Group LLC now owns 8,169 shares of the company's stock worth $124,000 after buying an additional 1,200 shares in the last quarter. Doliver Advisors LP raised its stake in Grayscale Ethereum Trust (ETH) by 8.1% in the first quarter. Doliver Advisors LP now owns 20,021 shares of the company's stock worth $305,000 after buying an additional 1,500 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its stake in Grayscale Ethereum Trust (ETH) by 3.3% in the first quarter. Arkadios Wealth Advisors now owns 48,633 shares of the company's stock worth $740,000 after buying an additional 1,569 shares in the last quarter.

Grayscale Ethereum Trust (ETH) Price Performance

Shares of OTCMKTS:ETHE opened at $39.94 on Monday. The firm has a 50 day moving average of $27.72 and a 200 day moving average of $21.46. Grayscale Ethereum Trust has a 52 week low of $12.10 and a 52 week high of $40.13.

Grayscale Ethereum Trust (ETH) Company 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.

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