Horizon Wealth Management LLC Has $614,000 Stock Position in Franklin Bitcoin ETF $EZBC

Horizon Wealth Management LLC raised its holdings in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 32.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,841 shares of the company’s stock after buying an additional 2,416 shares during the quarter. Horizon Wealth Management LLC owned 0.50% of Franklin Bitcoin ETF worth $614,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new stake in Franklin Bitcoin ETF in the 1st quarter valued at approximately $36,000. Dogwood Wealth Management LLC acquired a new stake in Franklin Bitcoin ETF in the 2nd quarter valued at approximately $44,000. PNC Financial Services Group Inc. grew its holdings in Franklin Bitcoin ETF by 401.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,183 shares of the company’s stock valued at $56,000 after buying an additional 947 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Franklin Bitcoin ETF by 36.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,206 shares of the company’s stock valued at $58,000 after buying an additional 323 shares during the last quarter. Finally, Costello Asset Management INC acquired a new stake in Franklin Bitcoin ETF in the 1st quarter valued at approximately $99,000.

Franklin Bitcoin ETF Stock Down 2.7%

EZBC opened at $64.03 on Thursday. The stock’s 50 day moving average price is $65.82 and its two-hundred day moving average price is $63.32. Franklin Bitcoin ETF has a 12-month low of $38.93 and a 12-month high of $73.16.

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.