Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Acquired by Cwm LLC

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 boosted its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 635.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,927 shares of the company's stock after purchasing an additional 13,762 shares during the quarter. CWM LLC's holdings in Grayscale Ethereum Trust (ETH) were worth $242,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. DRW Securities LLC purchased a new stake in shares of Grayscale Ethereum Trust (ETH) in the fourth quarter worth approximately $13,014,000. Envestnet Asset Management Inc. increased its holdings in Grayscale Ethereum Trust (ETH) by 33.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 892,989 shares of the company's stock worth $25,022,000 after purchasing an additional 222,604 shares during the period. Verde Capital Management bought a new stake in Grayscale Ethereum Trust (ETH) during the 1st quarter valued at $2,473,000. Integrated Advisors Network LLC lifted its holdings in shares of Grayscale Ethereum Trust (ETH) by 138.9% in the 1st quarter. Integrated Advisors Network LLC now owns 170,164 shares of the company's stock worth $2,590,000 after buying an additional 98,940 shares during the period. Finally, Bank of Montreal Can purchased a new position in Grayscale Ethereum Trust (ETH) during the 4th quarter valued at about $2,264,000.

Grayscale Ethereum Trust (ETH) Stock Performance

Shares of ETHE traded down $0.03 during midday trading on Wednesday, hitting $31.09. 6,261,000 shares of the company's stock traded hands, compared to its average volume of 4,688,884. The firm's fifty day moving average is $23.47 and its 200-day moving average is $20.62. Grayscale Ethereum Trust has a 1 year low of $12.10 and a 1 year high of $34.53.

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.