MONECO Advisors LLC Sells 69,098 Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)

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 reduced its position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 49.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Huntington National Bank bought a new stake in shares of Grayscale Ethereum Trust (ETH) in the 4th quarter worth about $36,000. Hurley Capital LLC acquired a new position in Grayscale Ethereum Trust (ETH) in the fourth quarter worth $57,000. Abound Financial LLC bought a new stake in Grayscale Ethereum Trust (ETH) during the first quarter valued at $33,000. Cornerstone Planning Group LLC lifted its position in shares of Grayscale Ethereum Trust (ETH) by 5,400.0% in 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 last quarter. Finally, Natixis acquired a new position in shares of Grayscale Ethereum Trust (ETH) in the 4th quarter valued at about $95,000.

Grayscale Ethereum Trust (ETH) Price Performance

OTCMKTS ETHE traded up $0.93 on Wednesday, hitting $30.44. The stock had a trading volume of 2,735,459 shares, compared to its average volume of 4,702,708. The company's 50-day moving average is $24.13 and its two-hundred day moving average is $20.63. Grayscale Ethereum Trust has a one year low of $12.10 and a one year high of $34.53.

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.