StoneX Group Inc. Buys New Position in Franklin Bitcoin ETF (NYSEARCA:EZBC)

StoneX Group Inc. acquired a new stake in Franklin Bitcoin ETF (NYSEARCA:EZBC) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,425 shares of the company’s stock, valued at approximately $1,106,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EZBC. AdvisorNet Financial Inc raised its position in Franklin Bitcoin ETF by 35.4% in the fourth quarter. AdvisorNet Financial Inc now owns 860 shares of the company’s stock worth $47,000 after acquiring an additional 225 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in Franklin Bitcoin ETF in the 4th quarter valued at about $48,000. Empowered Funds LLC purchased a new position in shares of Franklin Bitcoin ETF during the fourth quarter valued at approximately $180,000. Atlas Private Wealth Advisors acquired a new stake in Franklin Bitcoin ETF during the fourth quarter worth approximately $208,000. Finally, James J. Burns & Company LLC purchased a new stake in Franklin Bitcoin ETF in the 4th quarter worth approximately $210,000.

Franklin Bitcoin ETF Trading Up 3.1 %

Franklin Bitcoin ETF stock opened at $49.25 on Wednesday. The stock has a fifty day moving average price of $53.14 and a 200 day moving average price of $50.04. Franklin Bitcoin ETF has a 52 week low of $28.72 and a 52 week high of $62.83.

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.