Tikvah Management LLC Takes $8.95 Million Position in iShares Ethereum Trust ETF (NASDAQ:ETHA)

Tikvah Management LLC bought a new position in shares of iShares Ethereum Trust ETF (NASDAQ:ETHA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 353,700 shares of the company’s stock, valued at approximately $8,945,000. iShares Ethereum Trust ETF accounts for 2.5% of Tikvah Management LLC’s portfolio, making the stock its 14th largest holding. Tikvah Management LLC owned 0.46% of iShares Ethereum Trust ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC bought a new position in shares of iShares Ethereum Trust ETF during the third quarter worth about $290,000. Stevens Capital Management LP acquired a new stake in iShares Ethereum Trust ETF during the 3rd quarter valued at $236,000. Texas Capital Bank Wealth Management Services Inc acquired a new position in iShares Ethereum Trust ETF in the 3rd quarter valued at about $390,000. Jane Street Group LLC acquired a new position in shares of iShares Ethereum Trust ETF in the third quarter valued at approximately $3,129,000. Finally, Insigneo Advisory Services LLC acquired a new position in iShares Ethereum Trust ETF in the 3rd quarter valued at $1,691,000.

iShares Ethereum Trust ETF Price Performance

ETHA opened at $13.70 on Friday. The business’s fifty day moving average is $17.81 and its 200-day moving average is $21.45. iShares Ethereum Trust ETF has a 52-week low of $13.25 and a 52-week high of $31.18.

iShares Ethereum Trust ETF Company Profile

The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.