Cresset Asset Management LLC Sells 114,356 Shares of Grayscale Ethereum Trust (ETH) $ETHE

Key Points

• Cresset Asset Management LLC reduced its stake in Grayscale Ethereum Trust (ETH) by 67.0%, selling 114,356 shares during the first quarter and retaining 56,353 shares worth approximately $858,000.
• Other institutional investors have also made significant changes to their positions, with Headlands Technologies LLC and Cornerstone Planning Group LLC increasing their stakes substantially, by 1,221.3% and 5,400.0% respectively.
• As of the latest trading session, Grayscale Ethereum Trust (ETH) shares opened at $39.94, with a notable 14.6% increase, reflecting its performance over the past year where it reached a high of $40.13.

Cresset Asset Management LLC lessened its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 67.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 56,353 shares of the company's stock after selling 114,356 shares during the quarter. Cresset Asset Management LLC's holdings in Grayscale Ethereum Trust (ETH) were worth $858,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Abound Financial LLC acquired a new stake in shares of Grayscale Ethereum Trust (ETH) during the 1st quarter worth about $33,000. Headlands Technologies LLC lifted its stake in shares of Grayscale Ethereum Trust (ETH) by 1,221.3% during the 1st quarter. Headlands Technologies LLC now owns 2,352 shares of the company's stock worth $36,000 after buying an additional 2,174 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of Grayscale Ethereum Trust (ETH) by 5,400.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,750 shares of the company's stock worth $41,000 after buying an additional 2,700 shares during the last quarter. Natixis acquired a new stake in shares of Grayscale Ethereum Trust (ETH) during the 4th quarter worth about $95,000. Finally, Garde Capital Inc. acquired a new stake in Grayscale Ethereum Trust (ETH) in the 4th quarter worth about $101,000.

Grayscale Ethereum Trust (ETH) Price Performance

Grayscale Ethereum Trust (ETH) stock traded down $0.09 during midday trading on Thursday, hitting $37.59. The company's stock had a trading volume of 1,775,341 shares, compared to its average volume of 5,111,500. Grayscale Ethereum Trust has a 1-year low of $12.10 and a 1-year high of $40.13. The company has a 50-day moving average price of $28.69 and a two-hundred day moving average price of $21.79.

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.