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

Fidelity Ethereum Fund (BATS:FETHGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $36.42. Fidelity Ethereum Fund shares last traded at $36.36, with a volume of 2,376,162 shares traded.

Fidelity Ethereum Fund Stock Performance

The company has a fifty day moving average of $27.94.

Hedge Funds Weigh In On Fidelity Ethereum Fund

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

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