Valeo Financial Advisors LLC Makes New Investment in Valkyrie Bitcoin Miners ETF $WGMI

Valeo Financial Advisors LLC acquired a new position in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 30,000 shares of the company’s stock, valued at approximately $682,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Matauro LLC raised its stake in shares of Valkyrie Bitcoin Miners ETF by 11.3% during the second quarter. Matauro LLC now owns 38,861 shares of the company’s stock valued at $884,000 after acquiring an additional 3,956 shares in the last quarter. Maridea Wealth Management LLC raised its stake in shares of Valkyrie Bitcoin Miners ETF by 4.4% during the second quarter. Maridea Wealth Management LLC now owns 86,361 shares of the company’s stock valued at $1,964,000 after acquiring an additional 3,622 shares in the last quarter. Alamea Verwaltungs GmbH bought a new stake in shares of Valkyrie Bitcoin Miners ETF during the first quarter valued at approximately $319,000. Cresset Asset Management LLC raised its stake in shares of Valkyrie Bitcoin Miners ETF by 22.9% during the first quarter. Cresset Asset Management LLC now owns 12,886 shares of the company’s stock valued at $165,000 after acquiring an additional 2,400 shares in the last quarter. Finally, Nwam LLC raised its stake in shares of Valkyrie Bitcoin Miners ETF by 4.0% during the first quarter. Nwam LLC now owns 20,286 shares of the company’s stock valued at $259,000 after acquiring an additional 774 shares in the last quarter. Institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Stock Up 3.7%

Valkyrie Bitcoin Miners ETF stock opened at $55.38 on Thursday. The company has a 50 day moving average price of $34.36 and a 200-day moving average price of $23.83. Valkyrie Bitcoin Miners ETF has a fifty-two week low of $11.09 and a fifty-two week high of $56.13.

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.