Franklin Bitcoin ETF $EZBC Shares Sold by Retirement Guys Formula LLC

Retirement Guys Formula LLC reduced its position in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 19.4% in the 2nd quarter, Holdings Channel reports. The firm owned 19,513 shares of the company’s stock after selling 4,708 shares during the quarter. Retirement Guys Formula LLC’s holdings in Franklin Bitcoin ETF were worth $1,218,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its holdings in Franklin Bitcoin ETF by 25.2% in the 1st quarter. Private Advisor Group LLC now owns 10,064 shares of the company’s stock valued at $481,000 after buying an additional 2,025 shares in the last quarter. Costello Asset Management INC purchased a new stake in Franklin Bitcoin ETF in the 1st quarter valued at $99,000. LPL Financial LLC grew its holdings in Franklin Bitcoin ETF by 80.3% in the 1st quarter. LPL Financial LLC now owns 214,815 shares of the company’s stock valued at $10,260,000 after buying an additional 95,662 shares in the last quarter. Convergence Financial LLC purchased a new position in shares of Franklin Bitcoin ETF during the 1st quarter worth $898,000. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Franklin Bitcoin ETF during the 1st quarter worth $602,000.

Franklin Bitcoin ETF Trading Up 1.6%

NYSEARCA EZBC opened at $65.67 on Thursday. The stock has a fifty day simple moving average of $66.59 and a 200-day simple moving average of $59.98. Franklin Bitcoin ETF has a twelve month low of $34.11 and a twelve month high of $71.19.

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.