Stevens Capital Management LP Has $178,000 Stock Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)

Key Points

• Stevens Capital Management LP reduced its stake in Grayscale Ethereum Trust (ETH) by 48.3%, now holding only 11,727 shares valued at $178,000.
• In contrast, Avantax Advisory Services Inc. significantly increased its holdings by 144.0%, acquiring an additional 43,018 shares to reach a total of 72,900 shares valued at $1,110,000.
• Grayscale Ethereum Trust (ETH) has experienced a trading decline of 2.6% recently, with current share prices at $30.15 and a one-year trading range between $12.10 and $34.53.

Stevens Capital Management LP trimmed its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 48.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,727 shares of the company's stock after selling 10,953 shares during the period. Stevens Capital Management LP's holdings in Grayscale Ethereum Trust (ETH) were worth $178,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Abound Financial LLC purchased a new position in shares of Grayscale Ethereum Trust (ETH) during the 1st quarter valued at approximately $33,000. Huntington National Bank acquired a new stake in Grayscale Ethereum Trust (ETH) in the fourth quarter valued at $36,000. Cornerstone Planning Group LLC boosted its stake in 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 last quarter. Hurley Capital LLC acquired a new position in Grayscale Ethereum Trust (ETH) during the 4th quarter worth $57,000. Finally, Natixis bought a new stake in shares of Grayscale Ethereum Trust (ETH) in the 4th quarter worth about $95,000.

Grayscale Ethereum Trust (ETH) Stock Up 1.2%

Shares of ETHE stock traded up $0.36 during trading hours on Wednesday, reaching $31.48. The stock had a trading volume of 1,545,515 shares, compared to its average volume of 4,652,003. The firm has a 50-day simple moving average of $23.26 and a 200-day simple moving average of $20.55. Grayscale Ethereum Trust has a twelve month low of $12.10 and a twelve month 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.