2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $73.00, but opened at $69.08. 2x Ether ETF shares last traded at $69.58, with a volume of 811,594 shares changing hands.
2x Ether ETF Stock Performance
The business’s 50 day simple moving average is $47.12 and its 200-day simple moving average is $93.05.
Institutional Investors Weigh In On 2x Ether ETF
A hedge fund recently bought a new stake in 2x Ether ETF stock. Kingswood Wealth Advisors LLC bought a new stake in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 138,086 shares of the company’s stock, valued at approximately $253,000. Kingswood Wealth Advisors LLC owned 1.08% of 2x Ether ETF at the end of the most recent quarter.
About 2x Ether ETF
The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.
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