Nwam LLC Grows Stock Position in Valkyrie Bitcoin Miners ETF $WGMI

Nwam LLC boosted its holdings in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 28.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,145 shares of the company’s stock after acquiring an additional 5,859 shares during the period. Nwam LLC owned 0.36% of Valkyrie Bitcoin Miners ETF worth $595,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC purchased a new stake in shares of Valkyrie Bitcoin Miners ETF in the second quarter valued at about $682,000. Axxcess Wealth Management LLC increased its position in Valkyrie Bitcoin Miners ETF by 14.3% during the 2nd quarter. Axxcess Wealth Management LLC now owns 40,000 shares of the company’s stock worth $910,000 after purchasing an additional 5,000 shares in the last quarter. Cresset Asset Management LLC raised its position in shares of Valkyrie Bitcoin Miners ETF by 22.9% in the first quarter. Cresset Asset Management LLC now owns 12,886 shares of the company’s stock valued at $165,000 after buying an additional 2,400 shares during the last quarter. Alamea Verwaltungs GmbH acquired a new position in Valkyrie Bitcoin Miners ETF in the 1st quarter valued at $319,000. Finally, Maridea Wealth Management LLC increased its stake in shares of Valkyrie Bitcoin Miners ETF by 124.6% during the 1st quarter. Maridea Wealth Management LLC now owns 82,739 shares of the company’s stock valued at $1,057,000 after acquiring an additional 45,901 shares during the last quarter. 24.15% of the stock is currently owned by hedge funds and other institutional investors.

Valkyrie Bitcoin Miners ETF Stock Performance

Valkyrie Bitcoin Miners ETF stock opened at $47.73 on Thursday. Valkyrie Bitcoin Miners ETF has a 1 year low of $11.09 and a 1 year high of $67.89. The firm has a 50 day moving average price of $49.52 and a 200 day moving average price of $31.76.

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.