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

Nwam LLC acquired a new stake in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) in the third quarter, according to its most recent filing with the SEC. The fund acquired 18,179 shares of the company’s stock, valued at approximately $346,000. Nwam LLC owned approximately 0.25% of Valkyrie Bitcoin Miners ETF at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new position in Valkyrie Bitcoin Miners ETF in the 1st quarter valued at approximately $46,000. VitalStone Financial LLC grew its stake in Valkyrie Bitcoin Miners ETF by 114.0% in the 2nd quarter. VitalStone Financial LLC now owns 42,559 shares of the company’s stock valued at $901,000 after buying an additional 22,676 shares in the last quarter. Creative Planning grew its stake in Valkyrie Bitcoin Miners ETF by 1,008.8% in the 3rd quarter. Creative Planning now owns 150,746 shares of the company’s stock valued at $2,866,000 after buying an additional 137,151 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of Valkyrie Bitcoin Miners ETF by 2,037.7% during the 1st quarter. Jane Street Group LLC now owns 310,656 shares of the company’s stock valued at $5,685,000 after purchasing an additional 296,124 shares in the last quarter. 24.15% of the stock is currently owned by hedge funds and other institutional investors.

Valkyrie Bitcoin Miners ETF Stock Performance

WGMI opened at $27.71 on Monday. The company has a fifty day moving average price of $21.72 and a 200-day moving average price of $20.23. Valkyrie Bitcoin Miners ETF has a one year low of $9.72 and a one year high of $30.82.

Valkyrie Bitcoin Miners ETF Company 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.