Cwm LLC Purchases 2,741 Shares of Franklin Bitcoin ETF (NYSEARCA:EZBC)

Cwm LLC raised its stake in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) by 64.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 6,974 shares of the company’s stock after purchasing an additional 2,741 shares during the period. Cwm LLC’s holdings in Franklin Bitcoin ETF were worth $257,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC boosted its stake 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 boosted its stake in shares of 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 buying an additional 822 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of Franklin Bitcoin ETF by 787.9% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 14,650 shares of the company’s stock worth $510,000 after buying an additional 13,000 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Franklin Bitcoin ETF in the 2nd quarter worth approximately $619,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Franklin Bitcoin ETF in the 2nd quarter worth approximately $1,435,000.

Franklin Bitcoin ETF Stock Performance

Shares of NYSEARCA EZBC opened at $39.11 on Wednesday. Franklin Bitcoin ETF has a twelve month low of $22.41 and a twelve month high of $42.75. The stock’s 50 day moving average price is $35.64 and its 200-day moving average price is $36.66.

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.