Truepoint Inc. Makes New $210,000 Investment in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)

Key Points

• Truepoint Inc. has made a significant investment of $210,000 in Grayscale Ethereum Trust (ETH) during the first quarter, acquiring 13,802 shares according to a recent SEC filing.
• Other institutional investors, such as Envestnet Asset Management and Cresset Asset Management, have also increased their stakes in Grayscale Ethereum Trust in recent quarters.
• The stock price of Grayscale Ethereum Trust (ETH) is currently around $31.99, having experienced a 5.0% increase recently, with a 12-month high of $34.53.

Truepoint Inc. bought a new stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 13,802 shares of the company's stock, valued at approximately $210,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ETHE. Synovus Financial Corp lifted its stake in Grayscale Ethereum Trust (ETH) by 1.9% in the fourth quarter. Synovus Financial Corp now owns 52,497 shares of the company's stock valued at $1,471,000 after buying an additional 1,000 shares during the last quarter. Wedbush Securities Inc. increased its holdings in shares of Grayscale Ethereum Trust (ETH) by 8.1% during the first quarter. Wedbush Securities Inc. now owns 13,367 shares of the company's stock valued at $203,000 after purchasing an additional 1,000 shares during the period. PFG Investments LLC increased its holdings in shares of Grayscale Ethereum Trust (ETH) by 7.8% during the first 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. Larson Financial Group LLC increased its holdings in shares of Grayscale Ethereum Trust (ETH) by 17.2% during the first quarter. Larson Financial Group LLC now owns 8,169 shares of the company's stock valued at $124,000 after purchasing an additional 1,200 shares during the period. Finally, Doliver Advisors LP increased its holdings in shares of Grayscale Ethereum Trust (ETH) by 8.1% during the first quarter. Doliver Advisors LP now owns 20,021 shares of the company's stock valued at $305,000 after purchasing an additional 1,500 shares during the period.

Grayscale Ethereum Trust (ETH) Price Performance

Shares of ETHE traded up $1.60 during trading hours on Friday, reaching $33.59. 9,927,264 shares of the company's stock traded hands, compared to its average volume of 4,755,781. Grayscale Ethereum Trust has a twelve month low of $12.10 and a twelve month high of $34.53. The business's fifty day simple moving average is $24.75 and its two-hundred day simple moving average is $20.71.

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.