Northwestern Mutual Wealth Management Co. Makes New $808,000 Investment in Franklin Bitcoin ETF $EZBC

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Franklin Bitcoin ETF (BATS:EZBC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,969 shares of the company’s stock, valued at approximately $808,000.

Several other large investors have also recently added to or reduced their stakes in EZBC. Virtu Financial LLC grew its stake in Franklin Bitcoin ETF by 880.1% during the third quarter. Virtu Financial LLC now owns 118,284 shares of the company’s stock worth $7,832,000 after buying an additional 106,215 shares during the last quarter. Consilium Wealth Advisory LLC bought a new stake in Franklin Bitcoin ETF during the fourth quarter worth about $3,317,000. Round Rock Advisors LLC bought a new stake in Franklin Bitcoin ETF during the fourth quarter worth about $2,088,000. Rede Wealth LLC bought a new stake in Franklin Bitcoin ETF during the fourth quarter worth about $1,076,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Franklin Bitcoin ETF during the fourth quarter valued at approximately $760,000.

Franklin Bitcoin ETF Price Performance

EZBC opened at $36.63 on Tuesday. Franklin Bitcoin ETF has a one year low of $34.17 and a one year high of $73.16. The company’s 50 day simple moving average is $42.77 and its 200-day simple moving average is $45.54.

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.