Verde Capital Management Buys Shares of 162,500 Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)

Verde Capital Management purchased a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 162,500 shares of the company's stock, valued at approximately $2,473,000. Grayscale Ethereum Trust (ETH) accounts for 0.7% of Verde Capital Management's investment portfolio, making the stock its 29th biggest position. Verde Capital Management owned approximately 0.11% of Grayscale Ethereum Trust (ETH) as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Doliver Advisors LP grew its stake 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 worth $305,000 after purchasing an additional 1,500 shares in the last quarter. Copia Wealth Management acquired a new position in shares of Grayscale Ethereum Trust (ETH) during the fourth quarter worth $171,000. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of Grayscale Ethereum Trust (ETH) during the fourth quarter worth $203,000. Heck Capital Advisors LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) during the fourth quarter worth $146,000. Finally, Integrated Advisors Network LLC boosted its holdings in Grayscale Ethereum Trust (ETH) by 58.7% in the fourth quarter. Integrated Advisors Network LLC now owns 71,224 shares of the company's stock valued at $1,996,000 after purchasing an additional 26,332 shares in the last quarter.

Grayscale Ethereum Trust (ETH) Stock Down 1.6%

ETHE stock traded down $0.34 during midday trading on Monday, reaching $21.02. 2,613,290 shares of the company were exchanged, compared to its average volume of 4,585,474. Grayscale Ethereum Trust has a 1-year low of $12.10 and a 1-year high of $36.03. The stock's 50-day simple moving average is $16.67 and its 200 day simple moving average is $22.23.

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.