Wealthcare Advisory Partners LLC Takes Position in Valkyrie Bitcoin Miners ETF $WGMI

Wealthcare Advisory Partners LLC purchased a new position in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,820 shares of the company’s stock, valued at approximately $611,000. Wealthcare Advisory Partners LLC owned 0.18% of Valkyrie Bitcoin Miners ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC purchased a new position in shares of Valkyrie Bitcoin Miners ETF during the 2nd quarter valued at approximately $682,000. Nwam LLC raised its holdings in Valkyrie Bitcoin Miners ETF by 9.7% in the third quarter. Nwam LLC now owns 28,685 shares of the company’s stock valued at $1,269,000 after acquiring an additional 2,540 shares in the last quarter. Cresset Asset Management LLC boosted its stake in Valkyrie Bitcoin Miners ETF by 108.9% during the 2nd quarter. Cresset Asset Management LLC now owns 26,913 shares of the company’s stock valued at $612,000 after acquiring an additional 14,027 shares during the last quarter. Client First Investment Management LLC acquired a new position in Valkyrie Bitcoin Miners ETF during the 3rd quarter worth $897,000. Finally, Centaurus Financial Inc. increased its position in shares of Valkyrie Bitcoin Miners ETF by 7.0% in the 2nd quarter. Centaurus Financial Inc. now owns 18,382 shares of the company’s stock worth $418,000 after purchasing an additional 1,200 shares during the last quarter. 24.15% of the stock is owned by hedge funds and other institutional investors.

Valkyrie Bitcoin Miners ETF Trading Down 4.5%

NASDAQ:WGMI opened at $38.85 on Friday. Valkyrie Bitcoin Miners ETF has a one year low of $11.09 and a one year high of $67.89. The stock has a 50-day simple moving average of $43.28 and a 200 day simple moving average of $43.17.

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.