Mission Wealth Management LP Takes Position in Valkyrie Bitcoin Miners ETF $WGMI

Mission Wealth Management LP acquired a new stake in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 9,036 shares of the company’s stock, valued at approximately $346,000.

A number of other hedge funds have also made changes to their positions in WGMI. Cresset Asset Management LLC increased its holdings in shares of Valkyrie Bitcoin Miners ETF by 108.9% during the 2nd quarter. Cresset Asset Management LLC now owns 26,913 shares of the company’s stock valued at $612,000 after acquiring an additional 14,027 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Valkyrie Bitcoin Miners ETF by 1,303.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,573 shares of the company’s stock valued at $247,000 after acquiring an additional 5,176 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in shares of Valkyrie Bitcoin Miners ETF during the 3rd quarter valued at about $611,000. Private Advisor Group LLC increased its holdings in shares of Valkyrie Bitcoin Miners ETF by 70.7% during the 3rd quarter. Private Advisor Group LLC now owns 119,600 shares of the company’s stock valued at $5,291,000 after acquiring an additional 49,528 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in shares of Valkyrie Bitcoin Miners ETF during the 3rd quarter valued at about $6,194,000. Institutional investors and hedge funds own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Price Performance

Shares of NASDAQ WGMI opened at $61.59 on Friday. The business’s 50-day simple moving average is $46.00 and its 200-day simple moving average is $44.75. Valkyrie Bitcoin Miners ETF has a 52 week low of $16.31 and a 52 week 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.