Rede Wealth LLC Has $1.60 Million Stock Position in Franklin Bitcoin ETF (NYSEARCA:EZBC)

Rede Wealth LLC reduced its position in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,607 shares of the company’s stock after selling 215 shares during the period. Franklin Bitcoin ETF makes up approximately 0.6% of Rede Wealth LLC’s investment portfolio, making the stock its 18th biggest position. Rede Wealth LLC’s holdings in Franklin Bitcoin ETF were worth $1,603,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of EZBC. Sanctuary Advisors LLC acquired a new position in shares of Franklin Bitcoin ETF during the second quarter worth $619,000. CWM LLC increased its holdings in shares of Franklin Bitcoin ETF by 64.8% during the third quarter. CWM LLC now owns 6,974 shares of the company’s stock worth $257,000 after buying an additional 2,741 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of 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 in the last quarter. RPO LLC increased its holdings in shares of Franklin Bitcoin ETF by 49.2% during the third quarter. RPO LLC now owns 26,700 shares of the company’s stock worth $983,000 after buying an additional 8,800 shares in the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in shares of Franklin Bitcoin ETF during the third quarter worth $236,000.

Franklin Bitcoin ETF Trading Down 1.3 %

Shares of NYSEARCA:EZBC opened at $55.50 on Friday. The company has a fifty day moving average of $57.45 and a 200-day moving average of $45.66. Franklin Bitcoin ETF has a 52-week low of $26.09 and a 52-week high of $62.83.

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.