5,000 Shares in Franklin Bitcoin ETF (NYSEARCA:EZBC) Bought by Drive Wealth Management LLC

Drive Wealth Management LLC bought a new position in Franklin Bitcoin ETF (NYSEARCA:EZBC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,000 shares of the company’s stock, valued at approximately $271,000.

Several other hedge funds also recently made changes to their positions in EZBC. Sanctuary Advisors LLC purchased a new position in Franklin Bitcoin ETF during the 2nd quarter valued at $619,000. Renaissance Technologies LLC purchased a new position in Franklin Bitcoin ETF during the 2nd quarter valued at $1,435,000. AdvisorNet Financial Inc increased its position in Franklin Bitcoin ETF by 35.4% during the 4th quarter. AdvisorNet Financial Inc now owns 860 shares of the company’s stock valued at $47,000 after purchasing an additional 225 shares during the period. CWM LLC increased its position in Franklin Bitcoin ETF by 64.8% during the 3rd quarter. CWM LLC now owns 6,974 shares of the company’s stock valued at $257,000 after purchasing an additional 2,741 shares during the period. Finally, Private Advisor Group LLC increased its position in Franklin Bitcoin ETF by 4.5% during the 3rd quarter. Private Advisor Group LLC now owns 6,085 shares of the company’s stock valued at $224,000 after purchasing an additional 263 shares during the period.

Franklin Bitcoin ETF Price Performance

Shares of Franklin Bitcoin ETF stock opened at $58.76 on Tuesday. The company’s fifty day simple moving average is $56.86 and its two-hundred day simple moving average is $44.28. Franklin Bitcoin ETF has a 12-month low of $24.27 and a 12-month high of $62.83.

About Franklin Bitcoin ETF

The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.