Garde Capital Inc. Makes New Investment in Proshares Ether Strategy ETF (NYSEARCA:EETH)

Garde Capital Inc. bought a new position in shares of Proshares Ether Strategy ETF (NYSEARCA:EETH) in the second quarter, HoldingsChannel reports. The firm bought 13,271 shares of the company’s stock, valued at approximately $936,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EETH. ARK Investment Management LLC acquired a new position in Proshares Ether Strategy ETF during the second quarter worth about $5,365,000. Executive Wealth Management LLC acquired a new position in Proshares Ether Strategy ETF during the second quarter worth about $306,000. Delta Investment Management LLC acquired a new position in Proshares Ether Strategy ETF during the first quarter worth about $278,000. VitalStone Financial LLC acquired a new position in Proshares Ether Strategy ETF during the second quarter worth about $216,000. Finally, Clear Point Advisors Inc. acquired a new position in Proshares Ether Strategy ETF during the first quarter worth about $37,000.

Proshares Ether Strategy ETF Stock Performance

Shares of EETH opened at $54.71 on Monday. Proshares Ether Strategy ETF has a 12-month low of $36.55 and a 12-month high of $93.40. The company has a 50-day moving average of $54.27 and a two-hundred day moving average of $66.39.

About Proshares Ether Strategy ETF

The ProShares Ether Strategy ETF (EETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, seeking exposure to the price movements of ether (ETH). The fund’s primary investment is USD cash-settled, front-month ether futures contracts EETH was launched on Oct 2, 2023 and is issued by ProShares.