Valkyrie Bitcoin Miners ETF $WGMI Shares Sold by Matauro LLC

Matauro LLC cut its stake in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) by 67.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 12,507 shares of the company’s stock after selling 26,354 shares during the quarter. Matauro LLC’s holdings in Valkyrie Bitcoin Miners ETF were worth $553,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Centaurus Financial Inc. grew its holdings in shares of Valkyrie Bitcoin Miners ETF by 7.0% in the 2nd quarter. Centaurus Financial Inc. now owns 18,382 shares of the company’s stock worth $418,000 after acquiring an additional 1,200 shares during the period. Cresset Asset Management LLC boosted its position in Valkyrie Bitcoin Miners ETF by 22.9% during the first quarter. Cresset Asset Management LLC now owns 12,886 shares of the company’s stock worth $165,000 after purchasing an additional 2,400 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Valkyrie Bitcoin Miners ETF during the second quarter worth $71,000. Maridea Wealth Management LLC grew its holdings in 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 purchasing an additional 3,622 shares during the last quarter. Finally, Axxcess Wealth Management LLC increased its position in shares of Valkyrie Bitcoin Miners ETF by 14.3% in the second quarter. Axxcess Wealth Management LLC now owns 40,000 shares of the company’s stock valued at $910,000 after buying an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 24.15% of the company’s stock.

Valkyrie Bitcoin Miners ETF Stock Up 9.6%

NASDAQ:WGMI opened at $41.10 on Friday. Valkyrie Bitcoin Miners ETF has a 52-week low of $11.09 and a 52-week high of $67.89. The stock has a fifty day simple moving average of $49.73 and a 200-day simple moving average of $36.65.

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.