Franklin Bitcoin ETF (NYSEARCA:EZBC) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its stake in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 32.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,505 shares of the company’s stock after selling 42,288 shares during the period. Jane Street Group LLC’s holdings in Franklin Bitcoin ETF were worth $4,738,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AdvisorNet Financial Inc lifted 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 worth $47,000 after acquiring an additional 225 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of Franklin Bitcoin ETF during the fourth quarter worth about $48,000. Empowered Funds LLC purchased a new stake in Franklin Bitcoin ETF in the fourth quarter valued at approximately $180,000. Atlas Private Wealth Advisors acquired a new position in Franklin Bitcoin ETF in the 4th quarter worth approximately $208,000. Finally, James J. Burns & Company LLC purchased a new position in Franklin Bitcoin ETF during the 4th quarter worth approximately $210,000.

Franklin Bitcoin ETF Stock Up 1.9 %

EZBC stock opened at $59.82 on Friday. Franklin Bitcoin ETF has a 12 month low of $28.72 and a 12 month high of $62.83. The firm’s fifty day simple moving average is $50.56 and its 200-day simple moving average is $52.90.

Franklin Bitcoin ETF Profile

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.