Client First Investment Management LLC Acquires New Holdings in Valkyrie Bitcoin Miners ETF $WGMI

Client First Investment Management LLC bought a new position in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) in the third quarter, HoldingsChannel.com reports. The firm bought 20,284 shares of the company’s stock, valued at approximately $897,000. Valkyrie Bitcoin Miners ETF makes up 0.5% of Client First Investment Management LLC’s portfolio, making the stock its 23rd largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Valeo Financial Advisors LLC purchased a new position in shares of Valkyrie Bitcoin Miners ETF in the 2nd quarter valued at $682,000. Alamea Verwaltungs GmbH purchased a new stake in shares of Valkyrie Bitcoin Miners ETF during the 1st quarter worth $319,000. Steward Partners Investment Advisory LLC bought a new stake in Valkyrie Bitcoin Miners ETF during the second quarter valued at about $370,000. Cresset Asset Management LLC boosted its position in Valkyrie Bitcoin Miners ETF by 108.9% during the second quarter. Cresset Asset Management LLC now owns 26,913 shares of the company’s stock valued at $612,000 after purchasing an additional 14,027 shares in the last quarter. Finally, Nwam LLC grew its stake in Valkyrie Bitcoin Miners ETF by 28.9% in the second quarter. Nwam LLC now owns 26,145 shares of the company’s stock valued at $595,000 after purchasing an additional 5,859 shares during the last quarter. Institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Trading Down 1.6%

Shares of Valkyrie Bitcoin Miners ETF stock opened at $41.51 on Wednesday. The company has a 50-day simple moving average of $48.91 and a two-hundred day simple moving average of $37.22. Valkyrie Bitcoin Miners ETF has a one year low of $11.09 and a one year high of $67.89.

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.