Maridea Wealth Management LLC Purchases Shares of 36,838 Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Maridea Wealth Management LLC acquired a new stake in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 36,838 shares of the company’s stock, valued at approximately $817,000. Maridea Wealth Management LLC owned about 0.43% of Valkyrie Bitcoin Miners ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Commonwealth Equity Services LLC raised its position in Valkyrie Bitcoin Miners ETF by 26.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 125,256 shares of the company’s stock valued at $2,779,000 after acquiring an additional 26,120 shares in the last quarter. Vista Investment Partners II LLC purchased a new position in shares of Valkyrie Bitcoin Miners ETF during the 4th quarter valued at approximately $338,000. Nwam LLC boosted its holdings in Valkyrie Bitcoin Miners ETF by 7.3% during the fourth quarter. Nwam LLC now owns 19,512 shares of the company’s stock worth $433,000 after buying an additional 1,333 shares in the last quarter. Thompson Davis & CO. Inc. purchased a new stake in Valkyrie Bitcoin Miners ETF during the fourth quarter worth $246,000. Finally, Blue Trust Inc. purchased a new position in Valkyrie Bitcoin Miners ETF in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Trading Down 6.5 %

Shares of Valkyrie Bitcoin Miners ETF stock opened at $13.13 on Friday. Valkyrie Bitcoin Miners ETF has a fifty-two week low of $12.76 and a fifty-two week high of $31.89. The firm has a 50-day simple moving average of $19.39 and a two-hundred day simple moving average of $21.92.

Valkyrie Bitcoin Miners ETF 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.