Commonwealth Equity Services LLC Trims Holdings in Franklin Bitcoin ETF (NYSEARCA:EZBC)

Commonwealth Equity Services LLC lowered its stake in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,329 shares of the company’s stock after selling 562 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Franklin Bitcoin ETF were worth $722,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Retirement Guys Formula LLC bought a new position in shares of Franklin Bitcoin ETF in the fourth quarter valued at approximately $1,420,000. Wealthspire Advisors LLC purchased a new stake in Franklin Bitcoin ETF in the 4th quarter worth approximately $1,151,000. Foster Victor Wealth Advisors LLC bought a new position in Franklin Bitcoin ETF in the 4th quarter valued at $670,000. Elevate Capital Advisors LLC purchased a new position in shares of Franklin Bitcoin ETF during the 4th quarter valued at $670,000. Finally, Horizon Wealth Management LLC bought a new position in shares of Franklin Bitcoin ETF in the fourth quarter worth $348,000.

Franklin Bitcoin ETF Trading Up 2.3 %

Shares of EZBC stock opened at $50.40 on Thursday. Franklin Bitcoin ETF has a 52-week low of $28.72 and a 52-week high of $62.83. The business’s fifty day moving average is $52.94 and its 200 day moving average is $50.05.

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.