Creative Planning Boosts Holdings in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Creative Planning grew its position in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 1,008.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,746 shares of the company’s stock after purchasing an additional 137,151 shares during the period. Creative Planning owned approximately 2.21% of Valkyrie Bitcoin Miners ETF worth $2,866,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new stake in shares of Valkyrie Bitcoin Miners ETF during the first quarter valued at approximately $46,000. Redwood Wealth Management Group LLC bought a new stake in shares of Valkyrie Bitcoin Miners ETF in the first quarter worth $285,000. VitalStone Financial LLC increased its stake in shares of Valkyrie Bitcoin Miners ETF by 1,589.3% in the first quarter. VitalStone Financial LLC now owns 19,883 shares of the company’s stock worth $364,000 after buying an additional 18,706 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Valkyrie Bitcoin Miners ETF in the first quarter worth $1,678,000. Finally, Jane Street Group LLC increased its stake in shares of Valkyrie Bitcoin Miners ETF by 2,037.7% in the first quarter. Jane Street Group LLC now owns 310,656 shares of the company’s stock worth $5,685,000 after buying an additional 296,124 shares during the last quarter. 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 $21.84 on Friday. The company has a fifty day simple moving average of $18.70 and a 200 day simple moving average of $18.79. Valkyrie Bitcoin Miners ETF has a 12-month low of $8.91 and a 12-month high of $27.78.

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.