Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Sold by MONECO Advisors LLC

Key Points

• MONECO Advisors LLC has significantly reduced its holdings in Grayscale Ethereum Trust (ETH) by 49.2%, owning 71,407 shares after selling 69,098 shares during the first quarter.
• Several other institutional investors, including Huntington National Bank and Hurley Capital LLC, have recently made changes to their positions in Grayscale Ethereum Trust (ETH), indicating increased interest in the stock.
• As of the latest trading day, Grayscale Ethereum Trust (ETH) shares were down 6.1%, opening at $28.98, with a notable 12-month low of $12.10 and high of $34.53.

MONECO Advisors LLC lessened its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 49.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,407 shares of the company's stock after selling 69,098 shares during the period. MONECO Advisors LLC owned approximately 0.05% of Grayscale Ethereum Trust (ETH) worth $1,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in ETHE. Envestnet Asset Management Inc. grew its position in shares of Grayscale Ethereum Trust (ETH) by 33.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 892,989 shares of the company's stock valued at $25,022,000 after purchasing an additional 222,604 shares during the period. DRW Securities LLC acquired a new stake in shares of Grayscale Ethereum Trust (ETH) in the fourth quarter valued at about $13,014,000. LPL Financial LLC grew its position in shares of 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 purchasing an additional 28,833 shares during the period. Cresset Asset Management LLC grew its position in shares of Grayscale Ethereum Trust (ETH) by 2.0% in the fourth quarter. Cresset Asset Management LLC now owns 170,709 shares of the company's stock valued at $4,783,000 after purchasing an additional 3,315 shares during the period. Finally, Integrated Advisors Network LLC grew its position in shares of 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 purchasing an additional 98,940 shares during the period.

Grayscale Ethereum Trust (ETH) Stock Down 6.1%

Shares of OTCMKTS ETHE traded down $1.88 during trading on Friday, hitting $28.98. The company had a trading volume of 8,946,909 shares, compared to its average volume of 4,707,177. The stock has a fifty day simple moving average of $23.80 and a two-hundred day simple moving average of $20.61. Grayscale Ethereum Trust has a fifty-two week low of $12.10 and a fifty-two week high of $34.53.

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.