Simplicity Wealth LLC Acquires 36,690 Shares of Grayscale Ethereum Trust (ETH) $ETHE

Key Points

• Simplicity Wealth LLC has increased its stake in Grayscale Ethereum Trust (ETH) by 104.2%, acquiring an additional 36,690 shares in the second quarter, bringing their total holdings to 71,910 shares worth approximately $1.5 million.
• Other institutional investors have also made significant increases in their positions, with Cornerstone Planning Group growing its stake by 5,400% during the first quarter.
• Grayscale Ethereum Trust (ETH) stock has seen a rise of 4.4% recently, trading at $38.90 with a 12-month price range between $12.10 and $40.13.

Simplicity Wealth LLC grew its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 104.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,910 shares of the company's stock after purchasing an additional 36,690 shares during the quarter. Simplicity Wealth LLC's holdings in Grayscale Ethereum Trust (ETH) were worth $1,500,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Abound Financial LLC bought a new position in Grayscale Ethereum Trust (ETH) during the first quarter valued at about $33,000. Headlands Technologies LLC boosted its stake in Grayscale Ethereum Trust (ETH) by 1,221.3% in the first quarter. Headlands Technologies LLC now owns 2,352 shares of the company's stock valued at $36,000 after acquiring an additional 2,174 shares during the last quarter. Cornerstone Planning Group LLC grew its position in shares of Grayscale Ethereum Trust (ETH) by 5,400.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,750 shares of the company's stock valued at $41,000 after acquiring an additional 2,700 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Grayscale Ethereum Trust (ETH) by 72.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,434 shares of the company's stock worth $51,000 after purchasing an additional 1,022 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of Grayscale Ethereum Trust (ETH) by 17.2% during the 1st 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 last quarter.

Grayscale Ethereum Trust (ETH) Trading Up 4.4%

Grayscale Ethereum Trust (ETH) stock opened at $38.90 on Tuesday. Grayscale Ethereum Trust has a 12 month low of $12.10 and a 12 month high of $40.13. The business's 50 day simple moving average is $35.20 and its 200 day simple moving average is $25.09.

Grayscale Ethereum Trust (ETH) 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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