Fidelity Ethereum Fund (BATS:FETH – Get Free Report)’s stock price dropped 17.8% on Thursday . The company traded as low as $32.81 and last traded at $26.52. Approximately 1,814,438 shares changed hands during mid-day trading, The stock had previously closed at $32.25.
Fidelity Ethereum Fund Stock Down 17.8 %
The stock’s 50 day moving average price is $33.55 and its two-hundred day moving average price is $29.51.
Institutional Trading of Fidelity Ethereum Fund
Hedge funds and other institutional investors have recently made changes to their positions in the business. BankPlus Trust Department acquired a new stake in shares of Fidelity Ethereum Fund in the fourth quarter worth $31,000. Farther Finance Advisors LLC purchased a new stake in Fidelity Ethereum Fund during the fourth quarter worth $119,000. Advisory Services Network LLC purchased a new stake in Fidelity Ethereum Fund during the fourth quarter worth $219,000. Beck Capital Management LLC purchased a new stake in Fidelity Ethereum Fund during the third quarter worth $299,000. Finally, Werba Rubin Papier Wealth Management purchased a new stake in Fidelity Ethereum Fund during the fourth quarter worth $300,000.
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