Cwm LLC Purchases 13,762 Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)

Key Points

• Cwm LLC significantly increased its stake in Grayscale Ethereum Trust (ETH) by 635.7%, acquiring an additional 13,762 shares in the first quarter, bringing their total holdings to 15,927 shares worth $242,000.
• Other institutional investors, such as Verde Capital Management and LPL Financial LLC, also adjusted their positions in Grayscale Ethereum Trust (ETH), with some acquiring new stakes and others increasing their existing holdings.
• The current price of Grayscale Ethereum Trust (ETH) is $30.15 with a 52-week range from $12.10 to $34.53, indicating strong price volatility in the past year.

Cwm LLC raised its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 635.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,927 shares of the company's stock after buying an additional 13,762 shares during the period. Cwm LLC's holdings in Grayscale Ethereum Trust (ETH) were worth $242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ETHE. Verde Capital Management bought a new position in Grayscale Ethereum Trust (ETH) in the 1st quarter worth approximately $2,473,000. LPL Financial LLC increased its stake in Grayscale Ethereum Trust (ETH) by 11.2% in the fourth quarter. LPL Financial LLC now owns 287,202 shares of the company's stock valued at $8,047,000 after acquiring an additional 28,833 shares during the period. Simplicity Wealth LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) in the 1st quarter worth approximately $536,000. Connective Capital Management LLC acquired a new stake in Grayscale Ethereum Trust (ETH) in the 4th quarter valued at $579,000. Finally, Integrated Advisors Network LLC grew its position in Grayscale Ethereum Trust (ETH) by 138.9% in the first quarter. Integrated Advisors Network LLC now owns 170,164 shares of the company's stock valued at $2,590,000 after acquiring an additional 98,940 shares during the period.

Grayscale Ethereum Trust (ETH) Price Performance

Grayscale Ethereum Trust (ETH) stock opened at $30.15 on Friday. Grayscale Ethereum Trust has a 52 week low of $12.10 and a 52 week high of $34.53. The business's fifty day moving average is $22.85 and its two-hundred day moving average is $20.49.

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.

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