Client First Investment Management LLC Takes $897,000 Position in Valkyrie Bitcoin Miners ETF $WGMI

Client First Investment Management LLC purchased a new stake in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 20,284 shares of the company’s stock, valued at approximately $897,000. Valkyrie Bitcoin Miners ETF accounts for 0.5% of Client First Investment Management LLC’s investment portfolio, making the stock its 23rd largest position. Client First Investment Management LLC owned 0.31% of Valkyrie Bitcoin Miners ETF at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Centaurus Financial Inc. raised its position in Valkyrie Bitcoin Miners ETF by 7.0% during the 2nd quarter. Centaurus Financial Inc. now owns 18,382 shares of the company’s stock valued at $418,000 after purchasing an additional 1,200 shares in the last quarter. Cresset Asset Management LLC grew its position in shares of Valkyrie Bitcoin Miners ETF by 22.9% during the 1st quarter. Cresset Asset Management LLC now owns 12,886 shares of the company’s stock worth $165,000 after buying an additional 2,400 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Valkyrie Bitcoin Miners ETF during the second quarter valued at $71,000. Maridea Wealth Management LLC raised its holdings in shares of Valkyrie Bitcoin Miners ETF by 4.4% in the second quarter. Maridea Wealth Management LLC now owns 86,361 shares of the company’s stock valued at $1,964,000 after acquiring an additional 3,622 shares in the last quarter. Finally, Matauro LLC raised its holdings in shares of Valkyrie Bitcoin Miners ETF by 11.3% in the second quarter. Matauro LLC now owns 38,861 shares of the company’s stock valued at $884,000 after acquiring an additional 3,956 shares in the last quarter. 24.15% of the stock is currently owned by hedge funds and other institutional investors.

Valkyrie Bitcoin Miners ETF Stock Down 1.6%

NASDAQ:WGMI opened at $41.51 on Wednesday. Valkyrie Bitcoin Miners ETF has a 1-year low of $11.09 and a 1-year high of $67.89. The company has a 50-day moving average of $48.91 and a 200 day moving average of $37.22.

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.