Kestra Advisory Services LLC Lowers Position in Grayscale Ethereum Trust (ETH) $ETHE

Key Points

• Kestra Advisory Services LLC has reduced its holdings in Grayscale Ethereum Trust (ETH) by 12.4%, selling 16,880 shares during the 1st quarter.
• Other institutional investors, including Abound Financial LLC and Headlands Technologies LLC, have both acquired new positions or significantly increased their holdings in Grayscale Ethereum Trust in the same quarter.
• The stock of Grayscale Ethereum Trust (ETH) is currently trading at $35.80, reflecting a 2.2% decrease, with a 12-month range between $12.10 and $40.13.

Kestra Advisory Services LLC decreased its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 12.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,880 shares of the company's stock after selling 16,880 shares during the period. Kestra Advisory Services LLC owned 0.09% of Grayscale Ethereum Trust (ETH) worth $1,809,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ETHE. Abound Financial LLC acquired a new position in Grayscale Ethereum Trust (ETH) during the 1st quarter worth approximately $33,000. Headlands Technologies LLC raised its stake in 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 period. Cornerstone Planning Group LLC raised its stake in 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 period. Garde Capital Inc. acquired a new position in Grayscale Ethereum Trust (ETH) during the 4th quarter worth approximately $101,000. Finally, Larson Financial Group LLC raised its stake in Grayscale Ethereum Trust (ETH) by 17.2% during the 1st 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 during the period.

Grayscale Ethereum Trust (ETH) Stock Up 4.4%

ETHE stock traded up $1.56 during trading on Wednesday, reaching $36.77. 4,957,691 shares of the stock were exchanged, compared to its average volume of 5,145,490. The firm's 50 day moving average is $29.96 and its 200 day moving average is $22.16. Grayscale Ethereum Trust has a twelve month low of $12.10 and a twelve month high of $40.13.

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.