Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) Position Increased by Creative Planning

Creative Planning raised its holdings in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 1,008.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,746 shares of the company’s stock after purchasing an additional 137,151 shares during the period. Creative Planning’s holdings in Valkyrie Bitcoin Miners ETF were worth $2,866,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in WGMI. Jane Street Group LLC increased its stake in Valkyrie Bitcoin Miners ETF by 2,037.7% during the first quarter. Jane Street Group LLC now owns 310,656 shares of the company’s stock valued at $5,685,000 after purchasing an additional 296,124 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in Valkyrie Bitcoin Miners ETF during the first quarter valued at $1,678,000. VitalStone Financial LLC increased its stake in Valkyrie Bitcoin Miners ETF by 114.0% during the second quarter. VitalStone Financial LLC now owns 42,559 shares of the company’s stock valued at $901,000 after purchasing an additional 22,676 shares during the last quarter. Redwood Wealth Management Group LLC bought a new stake in Valkyrie Bitcoin Miners ETF during the first quarter valued at $285,000. Finally, EverSource Wealth Advisors LLC bought a new stake in Valkyrie Bitcoin Miners ETF during the first quarter valued at $46,000. Institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Trading Down 2.3 %

WGMI stock opened at $21.84 on Friday. Valkyrie Bitcoin Miners ETF has a 1-year low of $8.91 and a 1-year high of $27.78. The firm has a fifty day moving average price of $18.70 and a two-hundred day moving average price of $18.79.

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.