Fifth Third Bancorp purchased a new stake in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI – Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 12,000 shares of the company’s stock, valued at approximately $418,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Two Sigma Investments LP acquired a new position in Valkyrie Bitcoin Miners ETF during the third quarter valued at approximately $6,194,000. Private Advisor Group LLC increased its stake in Valkyrie Bitcoin Miners ETF by 70.7% in the third quarter. Private Advisor Group LLC now owns 119,600 shares of the company’s stock valued at $5,291,000 after purchasing an additional 49,528 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in Valkyrie Bitcoin Miners ETF in the fourth quarter worth $4,573,000. Maridea Wealth Management LLC raised its holdings in Valkyrie Bitcoin Miners ETF by 7.8% in the first quarter. Maridea Wealth Management LLC now owns 100,716 shares of the company’s stock worth $3,507,000 after purchasing an additional 7,328 shares during the period. Finally, Arlington Capital Management Inc. bought a new position in shares of Valkyrie Bitcoin Miners ETF during the third quarter worth $3,432,000. Institutional investors own 24.15% of the company’s stock.
Valkyrie Bitcoin Miners ETF Price Performance
Shares of NASDAQ WGMI opened at $52.87 on Friday. Valkyrie Bitcoin Miners ETF has a twelve month low of $23.01 and a twelve month high of $76.94. The company’s fifty day moving average is $60.89 and its 200-day moving average is $50.47.
About Valkyrie Bitcoin Miners ETF
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.
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