Valkyrie Bitcoin Miners ETF $WGMI Stock Holdings Cut by Redwood Wealth Management Group LLC

Redwood Wealth Management Group LLC lessened its position in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 27.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 52,283 shares of the company’s stock after selling 19,757 shares during the period. Valkyrie Bitcoin Miners ETF makes up 1.0% of Redwood Wealth Management Group LLC’s holdings, making the stock its 27th largest position. Redwood Wealth Management Group LLC owned about 0.74% of Valkyrie Bitcoin Miners ETF worth $2,313,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Maridea Wealth Management LLC raised its position in Valkyrie Bitcoin Miners ETF by 4.4% in the second quarter. Maridea Wealth Management LLC now owns 86,361 shares of the company’s stock worth $1,964,000 after acquiring an additional 3,622 shares in the last quarter. Matauro LLC grew its stake in shares of Valkyrie Bitcoin Miners ETF by 11.3% in the 2nd quarter. Matauro LLC now owns 38,861 shares of the company’s stock worth $884,000 after purchasing an additional 3,956 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of Valkyrie Bitcoin Miners ETF in the 2nd quarter worth approximately $682,000. Axxcess Wealth Management LLC lifted its stake in Valkyrie Bitcoin Miners ETF by 14.3% during the second quarter. Axxcess Wealth Management LLC now owns 40,000 shares of the company’s stock valued at $910,000 after purchasing an additional 5,000 shares during the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in Valkyrie Bitcoin Miners ETF during the second quarter worth approximately $71,000. Institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Trading Up 1.2%

Shares of NASDAQ:WGMI opened at $45.02 on Friday. The stock has a fifty day moving average of $44.62 and a 200-day moving average of $39.15. Valkyrie Bitcoin Miners ETF has a one year low of $11.09 and a one year high of $67.89.

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.