Powell Investment Advisors LLC Purchases 1,230 Shares of Franklin Bitcoin ETF (NYSEARCA:EZBC)

Powell Investment Advisors LLC increased its position in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,336 shares of the company’s stock after purchasing an additional 1,230 shares during the period. Powell Investment Advisors LLC’s holdings in Franklin Bitcoin ETF were worth $668,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. AdvisorNet Financial Inc boosted its stake in Franklin Bitcoin ETF by 35.4% during the fourth quarter. AdvisorNet Financial Inc now owns 860 shares of the company’s stock worth $47,000 after buying an additional 225 shares in the last quarter. Private Advisor Group LLC lifted its holdings 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 worth $224,000 after acquiring an additional 263 shares during the period. Geneos Wealth Management Inc. bought a new position in shares of Franklin Bitcoin ETF during the 4th quarter worth about $48,000. HighTower Advisors LLC increased its stake in Franklin Bitcoin ETF by 10.1% in the third quarter. HighTower Advisors LLC now owns 23,997 shares of the company’s stock valued at $880,000 after acquiring an additional 2,207 shares during the period. Finally, CWM LLC increased its stake in Franklin Bitcoin ETF by 64.8% in the third quarter. CWM LLC now owns 6,974 shares of the company’s stock valued at $257,000 after acquiring an additional 2,741 shares during the period.

Franklin Bitcoin ETF Stock Performance

Shares of EZBC opened at $55.50 on Monday. The company has a 50-day moving average price of $57.45 and a two-hundred day moving average price of $45.72. Franklin Bitcoin ETF has a 12 month low of $26.09 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.