Rede Wealth LLC Has $1.60 Million Stake in Franklin Bitcoin ETF (NYSEARCA:EZBC)

Rede Wealth LLC decreased its position in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,607 shares of the company’s stock after selling 215 shares during the quarter. Franklin Bitcoin ETF accounts for approximately 0.6% of Rede Wealth LLC’s holdings, making the stock its 18th largest holding. Rede Wealth LLC’s holdings in Franklin Bitcoin ETF were worth $1,603,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of EZBC. Sanctuary Advisors LLC acquired a new stake in shares of Franklin Bitcoin ETF in the second quarter valued at about $619,000. CWM LLC increased its position in shares of 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 last quarter. Private Advisor Group LLC increased its position in shares of Franklin Bitcoin ETF by 4.5% in the third quarter. Private Advisor Group LLC now owns 6,085 shares of the company’s stock valued at $224,000 after acquiring an additional 263 shares during the last quarter. RPO LLC increased its position in shares of Franklin Bitcoin ETF by 49.2% in the third quarter. RPO LLC now owns 26,700 shares of the company’s stock valued at $983,000 after acquiring an additional 8,800 shares during the last quarter. Finally, CreativeOne Wealth LLC acquired a new stake in shares of Franklin Bitcoin ETF in the third quarter valued at about $236,000.

Franklin Bitcoin ETF Trading Down 1.3 %

Franklin Bitcoin ETF stock opened at $55.50 on Friday. Franklin Bitcoin ETF has a 52 week low of $26.09 and a 52 week high of $62.83. The stock has a 50-day simple moving average of $57.45 and a 200 day simple moving average of $45.66.

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.