Global Retirement Partners LLC Has $2.07 Million Stake in Grayscale Ethereum Trust (ETH) $ETHE

Global Retirement Partners LLC increased its position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) by 234.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 60,280 shares of the company’s stock after acquiring an additional 42,279 shares during the period. Global Retirement Partners LLC’s holdings in Grayscale Ethereum Trust (ETH) were worth $2,066,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth lifted its stake in shares of Grayscale Ethereum Trust (ETH) by 11.0% in the 1st quarter. Focus Partners Wealth now owns 117,089 shares of the company’s stock valued at $1,782,000 after purchasing an additional 11,612 shares during the last quarter. StoneX Group Inc. raised its holdings in Grayscale Ethereum Trust (ETH) by 510.5% during the second quarter. StoneX Group Inc. now owns 134,015 shares of the company’s stock valued at $2,796,000 after buying an additional 112,063 shares in the last quarter. Sterling Financial Group Inc. bought a new position in Grayscale Ethereum Trust (ETH) during the second quarter valued at about $292,000. Mainstay Capital Management LLC ADV lifted its position in shares of Grayscale Ethereum Trust (ETH) by 100.0% in the second quarter. Mainstay Capital Management LLC ADV now owns 28,948 shares of the company’s stock worth $604,000 after buying an additional 14,474 shares during the last quarter. Finally, Private Capital Advisors Inc. boosted its stake in shares of Grayscale Ethereum Trust (ETH) by 112.5% during the 2nd quarter. Private Capital Advisors Inc. now owns 22,611 shares of the company’s stock worth $472,000 after acquiring an additional 11,973 shares in the last quarter.

Grayscale Ethereum Trust (ETH) Price Performance

Shares of OTCMKTS ETHE opened at $26.52 on Tuesday. The business’s 50-day simple moving average is $25.85 and its 200-day simple moving average is $29.67. Grayscale Ethereum Trust has a 52 week low of $12.10 and a 52 week high of $40.13.

Grayscale Ethereum Trust (ETH) Company Profile

Grayscale Ethereum Trust (OTCMKTS: ETHE) is a publicly quoted investment vehicle that offers investors exposure to the price movement of Ethereum through a traditional security. The trust holds Ethereum (“ETH”) as its sole underlying asset and issues shares that trade over the counter in U.S. dollars. By packaging ether into a familiar trust structure, ETHE is designed to simplify the process of gaining exposure to digital assets without the need for personal wallets, private keys, or direct interactions with cryptocurrency exchanges.

As a decentralized asset held in trust, ETHE provides daily transparent reporting of its assets under management, net asset value per share and the trust’s Ethereum holdings.