Rede Wealth LLC Sells 528 Shares of Franklin Bitcoin ETF (NYSEARCA:EZBC)

Rede Wealth LLC trimmed its holdings in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 1.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,822 shares of the company’s stock after selling 528 shares during the period. Franklin Bitcoin ETF accounts for approximately 0.4% of Rede Wealth LLC’s holdings, making the stock its 26th largest position. Rede Wealth LLC’s holdings in Franklin Bitcoin ETF were worth $1,098,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC acquired a new stake in shares of Franklin Bitcoin ETF in the first quarter worth about $5,559,000. Renaissance Technologies LLC acquired a new position in Franklin Bitcoin ETF during the second quarter valued at approximately $1,435,000. Sanctuary Advisors LLC acquired a new stake in shares of Franklin Bitcoin ETF in the second quarter worth $619,000. Commonwealth Equity Services LLC bought a new stake in shares of Franklin Bitcoin ETF during the 1st quarter worth $538,000. Finally, Atlantic Edge Private Wealth Management LLC grew its stake in 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 valued at $510,000 after buying an additional 13,000 shares during the last quarter.

Franklin Bitcoin ETF Stock Up 2.7 %

Franklin Bitcoin ETF stock traded up $1.05 on Friday, reaching $39.82. 155,804 shares of the stock were exchanged, compared to its average volume of 267,719. Franklin Bitcoin ETF has a twelve month low of $22.41 and a twelve month high of $42.75. The firm has a fifty day moving average price of $35.46 and a two-hundred day moving average price of $36.67.

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.