Renaissance Technologies LLC Makes New Investment in Franklin Bitcoin ETF (NYSEARCA:EZBC)

Renaissance Technologies LLC purchased a new stake in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 41,200 shares of the company’s stock, valued at approximately $1,435,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sierra Capital LLC purchased a new position in shares of Franklin Bitcoin ETF in the 1st quarter valued at $818,000. Commonwealth Equity Services LLC bought a new stake in shares of Franklin Bitcoin ETF in the 1st quarter valued at about $538,000. Larson Financial Group LLC purchased a new position in shares of Franklin Bitcoin ETF in the 1st quarter worth approximately $135,000. Jane Street Group LLC bought a new position in shares of Franklin Bitcoin ETF during the 1st quarter worth approximately $5,559,000. Finally, CWM LLC purchased a new stake in Franklin Bitcoin ETF during the second quarter valued at approximately $147,000.

Franklin Bitcoin ETF Stock Up 2.3 %

NYSEARCA EZBC opened at $36.24 on Friday. The firm’s fifty day simple moving average is $35.05 and its two-hundred day simple moving average is $36.83. Franklin Bitcoin ETF has a 12-month low of $22.41 and a 12-month high of $42.75.

Franklin Bitcoin ETF Company 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.