Grayscale Ethereum Trust (ETH) $ETHE is DRW Securities LLC's 9th Largest Position

Key Points

• DRW Securities LLC has increased its stake in the Grayscale Ethereum Trust (ETH) by 226.1%, making it the 9th largest position in their portfolio with approximately $23 million invested.
• Other institutional investors, such as Cresset Asset Management and Integrated Advisors Network, have also recently raised their stakes in Grayscale Ethereum Trust (ETH), indicating increased investor interest in this cryptocurrency asset.
• The price of Grayscale Ethereum Trust (ETH) shares recently opened at $35.80, with a 12-month range between $12.10 and $40.13, reflecting significant price variability over the year.

DRW Securities LLC raised its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 226.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,514,618 shares of the company's stock after acquiring an additional 1,050,147 shares during the period. Grayscale Ethereum Trust (ETH) makes up 0.6% of DRW Securities LLC's holdings, making the stock its 9th biggest holding. DRW Securities LLC owned approximately 1.11% of Grayscale Ethereum Trust (ETH) worth $23,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Abound Financial LLC acquired a new stake in shares of Grayscale Ethereum Trust (ETH) during the first quarter valued at about $33,000. Headlands Technologies LLC grew its holdings in shares of Grayscale Ethereum Trust (ETH) by 1,221.3% in the first quarter. Headlands Technologies LLC now owns 2,352 shares of the company's stock valued at $36,000 after purchasing an additional 2,174 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Grayscale Ethereum Trust (ETH) by 5,400.0% in the first quarter. Cornerstone Planning Group LLC now owns 2,750 shares of the company's stock valued at $41,000 after purchasing an additional 2,700 shares in the last quarter. Garde Capital Inc. acquired a new position in shares of Grayscale Ethereum Trust (ETH) in the fourth quarter valued at approximately $101,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) in the fourth quarter valued at approximately $146,000.

Grayscale Ethereum Trust (ETH) Trading Down 3.8%

Shares of ETHE stock traded down $1.40 during trading on Thursday, reaching $35.52. The company's stock had a trading volume of 3,206,101 shares, compared to its average volume of 5,136,210. The stock's 50-day moving average price is $30.30 and its 200 day moving average price is $22.26. Grayscale Ethereum Trust has a 1-year low of $12.10 and a 1-year 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.