MJP Associates Inc. ADV Invests $208,000 in Franklin Bitcoin ETF $EZBC

MJP Associates Inc. ADV bought a new position in shares of Franklin Bitcoin ETF (NYSEARCA:EZBC) during the second quarter, Holdings Channel.com reports. The fund bought 3,337 shares of the company’s stock, valued at approximately $208,000.

A number of other large investors have also added to or reduced their stakes in EZBC. Dogwood Wealth Management LLC acquired a new stake in Franklin Bitcoin ETF during the 2nd quarter valued at $44,000. PNC Financial Services Group Inc. raised its position in shares of Franklin Bitcoin ETF by 401.3% in the first quarter. PNC Financial Services Group Inc. now owns 1,183 shares of the company’s stock valued at $56,000 after purchasing an additional 947 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Franklin Bitcoin ETF by 36.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,206 shares of the company’s stock worth $58,000 after buying an additional 323 shares during the last quarter. Costello Asset Management INC bought a new stake in shares of Franklin Bitcoin ETF during the 1st quarter worth about $99,000. Finally, Valmark Advisers Inc. bought a new stake in shares of Franklin Bitcoin ETF during the 2nd quarter worth about $223,000.

Franklin Bitcoin ETF Trading Down 3.8%

Shares of EZBC opened at $54.54 on Friday. Franklin Bitcoin ETF has a 52 week low of $43.86 and a 52 week high of $73.16. The firm’s 50-day simple moving average is $64.64 and its 200 day simple moving average is $63.96.

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.