Private Advisor Group LLC Purchases 30,309 Shares of Valkyrie Bitcoin Miners ETF $WGMI

Private Advisor Group LLC grew its position in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 62.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 79,204 shares of the company’s stock after purchasing an additional 30,309 shares during the quarter. Private Advisor Group LLC’s holdings in Valkyrie Bitcoin Miners ETF were worth $2,758,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Osbon Capital Management LLC bought a new position in Valkyrie Bitcoin Miners ETF during the fourth quarter worth $27,000. Strategic Advocates LLC bought a new stake in Valkyrie Bitcoin Miners ETF in the third quarter worth approximately $80,000. JPMorgan Chase & Co. lifted its stake in Valkyrie Bitcoin Miners ETF by 1,303.8% in the third quarter. JPMorgan Chase & Co. now owns 5,573 shares of the company’s stock valued at $247,000 after buying an additional 5,176 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Valkyrie Bitcoin Miners ETF by 51.9% during the 4th quarter. HighTower Advisors LLC now owns 7,761 shares of the company’s stock worth $297,000 after buying an additional 2,652 shares in the last quarter. Finally, Mission Wealth Management LP bought a new position in shares of Valkyrie Bitcoin Miners ETF during the 4th quarter worth approximately $346,000. 24.15% of the stock is currently owned by institutional investors and hedge funds.

Valkyrie Bitcoin Miners ETF Stock Up 3.7%

Shares of WGMI stock opened at $57.19 on Friday. The firm has a 50 day moving average of $62.19 and a 200-day moving average of $49.37. Valkyrie Bitcoin Miners ETF has a 52 week low of $23.01 and a 52 week high of $76.94.

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.