Shares of Franklin Ethereum ETF (BATS:EZET – Get Free Report) fell 0.8% on Monday. The company traded as low as $18.08 and last traded at $18.11. 9,368 shares changed hands during trading, a decline of 91% from the average session volume of 98,889 shares. The stock had previously closed at $18.26.
Franklin Ethereum ETF Stock Up 2.5%
The company’s fifty day moving average is $18.61 and its two-hundred day moving average is $16.26.
Institutional Investors Weigh In On Franklin Ethereum ETF
A hedge fund recently raised its stake in Franklin Ethereum ETF stock. Meitav Investment House Ltd. lifted its position in shares of Franklin Ethereum ETF (BATS:EZET – Free Report) by 10.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,848 shares of the company’s stock after purchasing an additional 5,205 shares during the period. Meitav Investment House Ltd. owned about 2.86% of Franklin Ethereum ETF worth $840,000 at the end of the most recent reporting period.
About Franklin Ethereum ETF
The Franklin Ethereum ETF (EZET) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund seeks to replicate the performance of Ether using a Benchmark Rate to determine its value. The fund does not directly invest in Ether EZET was launched on Jul 23, 2024 and is issued by Franklin Templeton.
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