4,400 Shares in Franklin Bitcoin ETF $EZBC Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management purchased a new stake in Franklin Bitcoin ETF (NYSEARCA:EZBC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,400 shares of the company’s stock, valued at approximately $275,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EZBC. LPL Financial LLC increased its position in shares of Franklin Bitcoin ETF by 80.3% in the first quarter. LPL Financial LLC now owns 214,815 shares of the company’s stock worth $10,260,000 after purchasing an additional 95,662 shares during the last quarter. Cetera Investment Advisers grew its stake in Franklin Bitcoin ETF by 10.9% in the 2nd quarter. Cetera Investment Advisers now owns 149,502 shares of the company’s stock worth $9,332,000 after buying an additional 14,670 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Franklin Bitcoin ETF by 4.3% in the 2nd quarter. Franklin Resources Inc. now owns 54,894 shares of the company’s stock worth $3,426,000 after buying an additional 2,260 shares during the last quarter. RPO LLC raised its position in shares of Franklin Bitcoin ETF by 32.6% during the 2nd quarter. RPO LLC now owns 35,400 shares of the company’s stock valued at $2,210,000 after buying an additional 8,700 shares in the last quarter. Finally, Meitav Investment House Ltd. lifted its holdings in shares of Franklin Bitcoin ETF by 66.6% during the 2nd quarter. Meitav Investment House Ltd. now owns 35,285 shares of the company’s stock worth $2,202,000 after acquiring an additional 14,110 shares during the last quarter.

Franklin Bitcoin ETF Price Performance

EZBC opened at $52.47 on Friday. The business’s fifty day simple moving average is $61.66 and its 200 day simple moving average is $63.56. Franklin Bitcoin ETF has a 52 week low of $43.86 and a 52 week high of $73.16.

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.