Grayscale Ethereum Trust (ETH) $ETHE Shares Sold by LPL Financial LLC

Key Points

• LPL Financial LLC has reduced its stake in Grayscale Ethereum Trust (ETH) by 9.9%, selling 28,436 shares and owning approximately 258,766 shares worth around $3.94 million.
• Other institutional investors have also engaged in buying and selling ETHE shares, with notable changes such as Cornerstone Planning Group LLC increasing its holdings by 5,400% during the first quarter.
• The stock price of Grayscale Ethereum Trust (ETH) has recently decreased by 3.4%, with the current share price opening at $36.22 and a one-year range between $12.10 and $39.26.

LPL Financial LLC cut its stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 9.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 258,766 shares of the company's stock after selling 28,436 shares during the quarter. LPL Financial LLC owned about 0.19% of Grayscale Ethereum Trust (ETH) worth $3,938,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ETHE. Wedbush Securities Inc. increased its stake in Grayscale Ethereum Trust (ETH) by 8.1% in the first quarter. Wedbush Securities Inc. now owns 13,367 shares of the company's stock worth $203,000 after purchasing an additional 1,000 shares during the period. PFG Investments LLC increased its stake in Grayscale Ethereum Trust (ETH) by 7.8% in the first quarter. PFG Investments LLC now owns 15,590 shares of the company's stock worth $237,000 after purchasing an additional 1,128 shares during the period. Larson Financial Group LLC increased its stake in Grayscale Ethereum Trust (ETH) by 17.2% in the first quarter. Larson Financial Group LLC now owns 8,169 shares of the company's stock worth $124,000 after purchasing an additional 1,200 shares during the period. Doliver Advisors LP increased its stake in Grayscale Ethereum Trust (ETH) by 8.1% in the first quarter. Doliver Advisors LP now owns 20,021 shares of the company's stock worth $305,000 after purchasing an additional 1,500 shares during the period. Finally, Fiduciary Alliance LLC increased its stake in Grayscale Ethereum Trust (ETH) by 17.4% in the first quarter. Fiduciary Alliance LLC now owns 12,735 shares of the company's stock worth $194,000 after purchasing an additional 1,892 shares during the period.

Grayscale Ethereum Trust (ETH) Stock Performance

ETHE stock traded up $1.74 during midday trading on Wednesday, reaching $35.88. The company's stock had a trading volume of 6,976,274 shares, compared to its average volume of 4,998,428. The stock has a fifty day simple moving average of $27.09 and a two-hundred day simple moving average of $21.28. Grayscale Ethereum Trust has a 1 year low of $12.10 and a 1 year high of $39.26.

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.