Nwam LLC Grows Holdings in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Nwam LLC raised its position in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,512 shares of the company’s stock after buying an additional 1,333 shares during the period. Nwam LLC’s holdings in Valkyrie Bitcoin Miners ETF were worth $433,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Blue Trust Inc. bought a new position in shares of Valkyrie Bitcoin Miners ETF in the fourth quarter valued at approximately $33,000. Thompson Davis & CO. Inc. purchased a new position in Valkyrie Bitcoin Miners ETF in the fourth quarter worth $246,000. Centaurus Financial Inc. bought a new position in Valkyrie Bitcoin Miners ETF in the 3rd quarter valued at $336,000. Finally, Redwood Wealth Management Group LLC increased its position in shares of Valkyrie Bitcoin Miners ETF by 32.9% during the 4th quarter. Redwood Wealth Management Group LLC now owns 26,715 shares of the company’s stock valued at $592,000 after purchasing an additional 6,615 shares during the last quarter. Institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Price Performance

Shares of NASDAQ:WGMI opened at $17.82 on Friday. The company’s 50-day moving average is $22.86 and its 200 day moving average is $22.30. Valkyrie Bitcoin Miners ETF has a fifty-two week low of $12.76 and a fifty-two week high of $31.89.

Valkyrie Bitcoin Miners ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a $0.0493 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

Valkyrie Bitcoin Miners ETF Company 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.