Mainstay Capital Management LLC ADV Purchases 14,474 Shares of Grayscale Ethereum Trust (ETH) $ETHE

Key Points

• Mainstay Capital Management LLC ADV doubled its holdings in Grayscale Ethereum Trust (ETH) by purchasing an additional 14,474 shares, bringing its total to 28,948 shares valued at $604,000.
• Several other institutional investors also increased their stakes in Grayscale Ethereum Trust during the first quarter, indicating growing interest in the fund.
• As of the latest report, Grayscale Ethereum Trust (ETH) shares are trading at $37.15, showing a 1-year range between a low of $12.10 and a high of $40.13.

Mainstay Capital Management LLC ADV increased its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 100.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,948 shares of the company's stock after purchasing an additional 14,474 shares during the period. Mainstay Capital Management LLC ADV's holdings in Grayscale Ethereum Trust (ETH) were worth $604,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ETHE. Simplicity Wealth LLC bought a new stake in shares of Grayscale Ethereum Trust (ETH) during the first quarter valued at approximately $536,000. Integrated Advisors Network LLC grew its stake in shares of Grayscale Ethereum Trust (ETH) by 138.9% in the 1st 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. Insigneo Advisory Services LLC bought a new stake in shares of Grayscale Ethereum Trust (ETH) in the 1st quarter valued at approximately $164,000. PFG Investments LLC grew its stake in shares of Grayscale Ethereum Trust (ETH) by 7.8% in the 1st quarter. PFG Investments LLC now owns 15,590 shares of the company's stock valued at $237,000 after purchasing an additional 1,128 shares during the period. Finally, Surience Private Wealth LLC grew its stake in shares of Grayscale Ethereum Trust (ETH) by 64.1% in the 1st quarter. Surience Private Wealth LLC now owns 28,274 shares of the company's stock valued at $430,000 after purchasing an additional 11,046 shares during the period.

Grayscale Ethereum Trust (ETH) Trading Up 0.8%

ETHE stock opened at $37.15 on Thursday. Grayscale Ethereum Trust has a 1-year low of $12.10 and a 1-year high of $40.13. The business's 50 day moving average is $35.44 and its 200-day moving average is $25.25.

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.

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