Nwam LLC Acquires New Holdings in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Nwam LLC purchased a new position in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) during the 3rd quarter, Holdings Channel reports. The fund purchased 18,179 shares of the company’s stock, valued at approximately $346,000.

Several other institutional investors have also added to or reduced their stakes in the business. Jane Street Group LLC raised its position in Valkyrie Bitcoin Miners ETF by 2,037.7% in the first quarter. Jane Street Group LLC now owns 310,656 shares of the company’s stock worth $5,685,000 after acquiring an additional 296,124 shares during the period. Creative Planning raised its position in Valkyrie Bitcoin Miners ETF by 1,008.8% in the third quarter. Creative Planning now owns 150,746 shares of the company’s stock worth $2,866,000 after acquiring an additional 137,151 shares during the period. VitalStone Financial LLC raised its position in Valkyrie Bitcoin Miners ETF by 114.0% in the second quarter. VitalStone Financial LLC now owns 42,559 shares of the company’s stock worth $901,000 after acquiring an additional 22,676 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new position in Valkyrie Bitcoin Miners ETF in the first quarter worth approximately $46,000. 24.15% of the stock is currently owned by institutional investors.

Valkyrie Bitcoin Miners ETF Trading Up 7.4 %

WGMI opened at $27.71 on Monday. Valkyrie Bitcoin Miners ETF has a 1-year low of $9.72 and a 1-year high of $30.82. The firm’s 50 day simple moving average is $21.72 and its two-hundred day simple moving average is $20.23.

Valkyrie Bitcoin Miners ETF Profile

The Valkyrie Bitcoin Miners ETF (WGMI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides active exposure to companies that derive at least 50% of their revenue from bitcoin mining operations and/or services related to bitcoin mining. WGMI was launched on Feb 7, 2022 and is managed by Valkyrie.