Horizon Wealth Management LLC Takes $348,000 Position in Franklin Bitcoin ETF (NYSEARCA:EZBC)

Horizon Wealth Management LLC acquired a new position in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,418 shares of the company’s stock, valued at approximately $348,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Advisor Group LLC boosted its position in shares of 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 in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Franklin Bitcoin ETF during the 3rd quarter worth approximately $236,000. CWM LLC grew its position in shares of Franklin Bitcoin ETF by 64.8% during the 3rd quarter. CWM LLC now owns 6,974 shares of the company’s stock worth $257,000 after buying an additional 2,741 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Franklin Bitcoin ETF by 6.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 13,883 shares of the company’s stock valued at $483,000 after acquiring an additional 822 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Franklin Bitcoin ETF during the 2nd quarter valued at $619,000.

Franklin Bitcoin ETF Trading Down 1.2 %

EZBC traded down $0.67 during midday trading on Monday, hitting $54.26. The company had a trading volume of 161,146 shares, compared to its average volume of 226,205. The stock’s 50 day moving average price is $54.47 and its 200 day moving average price is $42.56. Franklin Bitcoin ETF has a 52 week low of $22.41 and a 52 week 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.