Sun Sep 15 15:18:50 UTC 2024: ## GHP Investment Advisors Increases Stake in ProShares Ether Strategy ETF

**New York, NY – September 15, 2024** – GHP Investment Advisors Inc. has increased its stake in ProShares Ether Strategy ETF (NYSEARCA:EETH) by 8.5% during the second quarter, according to the firm’s recent filing with the Securities and Exchange Commission.

The institutional investor now owns 5,265 shares of EETH, after acquiring an additional 414 shares during the period. This stake represents approximately 0.46% of ProShares Ether Strategy ETF and is valued at $371,000.

GHP Investment Advisors isn’t alone in its bullish sentiment towards EETH. Several other institutional investors and hedge funds have also made changes to their positions in the ETF during recent quarters.

ARK Investment Management LLC purchased a new position in EETH in the second quarter valued at about $5,365,000, while Executive Wealth Management LLC acquired a new stake in the second quarter valued at approximately $306,000. Delta Investment Management LLC and VitalStone Financial LLC also entered new positions in the first and second quarters respectively, with investments valued at $278,000 and $216,000. Clear Point Advisors Inc. acquired a new stake in the first quarter worth $37,000.

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

Shares of EETH opened at $49.06 on Friday. The stock’s 50-day moving average price is $57.55 and its 200-day moving average price is $68.72. Proshares Ether Strategy ETF has a 1-year low of $36.55 and a 1-year high of $93.40.

For more information on the holdings of EETH and other related news, visit HoldingsChannel.com.

Read More