Flynn Zito Capital Management LLC Takes $262,000 Position in Franklin Bitcoin ETF (NYSEARCA:EZBC)

Flynn Zito Capital Management LLC acquired a new position in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,840 shares of the company’s stock, valued at approximately $262,000.

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

Franklin Bitcoin ETF Price Performance

Shares of Franklin Bitcoin ETF stock opened at $48.82 on Thursday. Franklin Bitcoin ETF has a fifty-two week low of $28.72 and a fifty-two week high of $62.83. The business’s fifty day moving average is $56.63 and its two-hundred day moving average is $47.43.

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.