Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Sold by Cetera Investment Advisers

Key Points

• Cetera Investment Advisers has reduced its stake in Grayscale Ethereum Trust (ETH) by 37.7% during the first quarter, now holding 67,887 shares worth $1,033,000.
• Several other investors also adjusted their positions, with notable increases from Avantax Advisory Services Inc. (144% increase) and CWM LLC (635.7% increase) in the same period.
• Grayscale Ethereum Trust's stock opened at $35.20 with a 12-month trading range of $12.10 to $36.06, reflecting significant market interest.

Cetera Investment Advisers decreased its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 37.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 67,887 shares of the company's stock after selling 41,021 shares during the period. Cetera Investment Advisers' holdings in Grayscale Ethereum Trust (ETH) were worth $1,033,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Verde Capital Management purchased a new stake in Grayscale Ethereum Trust (ETH) in the first quarter valued at approximately $2,473,000. CWM LLC boosted its position in Grayscale Ethereum Trust (ETH) by 635.7% in the first quarter. CWM LLC now owns 15,927 shares of the company's stock valued at $242,000 after buying an additional 13,762 shares during the last quarter. Simplicity Wealth LLC purchased a new stake in Grayscale Ethereum Trust (ETH) in the first quarter valued at approximately $536,000. Avantax Advisory Services Inc. boosted its position in Grayscale Ethereum Trust (ETH) by 144.0% in the first quarter. Avantax Advisory Services Inc. now owns 72,900 shares of the company's stock valued at $1,110,000 after buying an additional 43,018 shares during the last quarter. Finally, Connective Capital Management LLC purchased a new stake in Grayscale Ethereum Trust (ETH) in the fourth quarter valued at approximately $579,000.

Grayscale Ethereum Trust (ETH) Trading Down 3.4%

OTCMKTS:ETHE traded down $1.26 during trading hours on Friday, reaching $36.22. The company had a trading volume of 9,982,045 shares, compared to its average volume of 4,944,996. Grayscale Ethereum Trust has a 1-year low of $12.10 and a 1-year high of $39.26. The business's 50 day moving average price is $26.33 and its 200-day moving average price is $21.07.

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.