HighTower Advisors LLC Boosts Stock Holdings in Franklin Bitcoin ETF (NYSEARCA:EZBC)

HighTower Advisors LLC boosted its stake in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 10.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,997 shares of the company’s stock after purchasing an additional 2,207 shares during the quarter. HighTower Advisors LLC’s holdings in Franklin Bitcoin ETF were worth $880,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Private Advisor Group LLC boosted its stake in Franklin Bitcoin ETF by 4.5% during the third quarter. Private Advisor Group LLC now owns 6,085 shares of the company’s stock worth $224,000 after buying an additional 263 shares during the period. Larson Financial Group LLC grew its holdings in Franklin Bitcoin ETF by 16.3% during the 2nd quarter. Larson Financial Group LLC now owns 3,809 shares of the company’s stock valued at $133,000 after purchasing an additional 533 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Franklin Bitcoin ETF by 6.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 13,883 shares of the company’s stock worth $483,000 after purchasing an additional 822 shares during the period. CWM LLC lifted 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 worth $257,000 after purchasing an additional 2,741 shares during the last quarter. Finally, CreativeOne Wealth LLC purchased a new position in shares of Franklin Bitcoin ETF during the third quarter valued at approximately $236,000.

Franklin Bitcoin ETF Price Performance

Shares of EZBC stock opened at $61.91 on Wednesday. The stock has a 50 day moving average price of $48.41 and a 200 day moving average price of $40.36. Franklin Bitcoin ETF has a 52-week low of $22.41 and a 52-week high of $62.83.

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.