Fidelity Ethereum Fund (BATS:FETH) Stock Passes Above 200-Day Moving Average – Should You Sell?

Fidelity Ethereum Fund (BATS:FETHGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $39.50. Fidelity Ethereum Fund shares last traded at $37.40, with a volume of 2,367,096 shares changing hands.

Fidelity Ethereum Fund Trading Up 5.1 %

The business has a 50-day moving average price of $29.83.

Institutional Investors Weigh In On Fidelity Ethereum Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Beck Capital Management LLC purchased a new position in Fidelity Ethereum Fund during the 3rd quarter valued at $299,000. Sunbelt Securities Inc. purchased a new stake in shares of Fidelity Ethereum Fund during the third quarter valued at $380,000. Financial Designs Corp bought a new position in shares of Fidelity Ethereum Fund in the third quarter worth about $461,000. Flow Traders U.S. LLC purchased a new position in Fidelity Ethereum Fund in the 3rd quarter worth about $859,000. Finally, PYA Waltman Capital LLC bought a new stake in Fidelity Ethereum Fund during the 3rd quarter valued at about $1,057,000.

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