Mission Wealth Management LP Buys Shares of 9,036 Valkyrie Bitcoin Miners ETF $WGMI

Mission Wealth Management LP bought a new stake in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,036 shares of the company’s stock, valued at approximately $346,000. Mission Wealth Management LP owned approximately 0.12% of Valkyrie Bitcoin Miners ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WGMI. Cresset Asset Management LLC grew its stake in Valkyrie Bitcoin Miners ETF by 108.9% in 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. JPMorgan Chase & Co. grew 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 purchasing an additional 5,176 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new position in Valkyrie Bitcoin Miners ETF in the third quarter valued at about $611,000. Private Advisor Group LLC grew 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. Finally, Two Sigma Investments LP purchased a new position in Valkyrie Bitcoin Miners ETF in the third quarter valued at about $6,194,000. Hedge funds and other institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Stock Performance

Shares of NASDAQ WGMI opened at $61.59 on Friday. The business’s 50-day moving average price is $46.00 and its two-hundred day moving average price is $44.75. Valkyrie Bitcoin Miners ETF has a one year low of $16.31 and a one year high of $67.89.

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.