13,802 Shares in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Purchased by Truepoint Inc.

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

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in Grayscale Ethereum Trust (ETH) by 33.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 892,989 shares of the company's stock worth $25,022,000 after purchasing an additional 222,604 shares during the period. Cresset Asset Management LLC lifted its position in Grayscale Ethereum Trust (ETH) by 2.0% in the fourth quarter. Cresset Asset Management LLC now owns 170,709 shares of the company's stock worth $4,783,000 after purchasing an additional 3,315 shares during the period. Integrated Advisors Network LLC lifted its position in Grayscale Ethereum Trust (ETH) by 138.9% in the first quarter. Integrated Advisors Network LLC now owns 170,164 shares of the company's stock worth $2,590,000 after purchasing an additional 98,940 shares during the period. Verde Capital Management acquired a new stake in Grayscale Ethereum Trust (ETH) in the first quarter worth approximately $2,473,000. Finally, Mariner LLC lifted its position in shares of Grayscale Ethereum Trust (ETH) by 37.7% during the 4th quarter. Mariner LLC now owns 118,769 shares of the company's stock valued at $3,328,000 after acquiring an additional 32,510 shares during the last quarter.

Grayscale Ethereum Trust (ETH) Stock Up 5.6%

Grayscale Ethereum Trust (ETH) stock traded up $1.97 during trading hours on Tuesday, hitting $37.17. The company had a trading volume of 6,571,807 shares, compared to its average volume of 4,792,372. Grayscale Ethereum Trust has a fifty-two week low of $12.10 and a fifty-two week high of $37.34. The firm's fifty day moving average is $25.03 and its 200-day moving average is $20.71.

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.