Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Gap Down – Here’s Why

Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) shares gapped down prior to trading on Thursday . The stock had previously closed at $27.54, but opened at $26.14. Grayscale Ethereum Trust (ETH) shares last traded at $26.12, with a volume of 2,089,701 shares trading hands.

Grayscale Ethereum Trust (ETH) Stock Down 4.4%

The stock’s fifty day simple moving average is $28.91 and its 200 day simple moving average is $29.26.

Institutional Investors Weigh In On Grayscale Ethereum Trust (ETH)

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. grew its holdings in shares of Grayscale Ethereum Trust (ETH) by 86.7% during the second quarter. PNC Financial Services Group Inc. now owns 1,225 shares of the company’s stock worth $26,000 after purchasing an additional 569 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in Grayscale Ethereum Trust (ETH) during the 2nd quarter worth $31,000. Dunhill Financial LLC acquired a new position in Grayscale Ethereum Trust (ETH) in the 3rd quarter valued at $31,000. Ameritas Advisory Services LLC purchased a new position in Grayscale Ethereum Trust (ETH) during the 3rd quarter worth $34,000. Finally, Huntington National Bank boosted its holdings in shares of Grayscale Ethereum Trust (ETH) by 100,000.0% in the third quarter. Huntington National Bank now owns 1,001 shares of the company’s stock valued at $34,000 after acquiring an additional 1,000 shares in the last quarter.

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.