Thompson Davis & CO. Inc. Invests $246,000 in Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Thompson Davis & CO. Inc. bought a new position in shares of Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 11,069 shares of the company’s stock, valued at approximately $246,000.

Several other hedge funds have also modified their holdings of the company. Blue Trust Inc. purchased a new stake in shares of Valkyrie Bitcoin Miners ETF during the 4th quarter worth about $33,000. Redwood Wealth Management Group LLC boosted its stake 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 worth $592,000 after acquiring an additional 6,615 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in shares of Valkyrie Bitcoin Miners ETF during the 3rd quarter worth about $336,000. Nwam LLC purchased a new stake in shares of Valkyrie Bitcoin Miners ETF during the 3rd quarter worth about $346,000. Finally, Creative Planning boosted its stake in shares of Valkyrie Bitcoin Miners ETF by 1,008.8% during the 3rd quarter. Creative Planning now owns 150,746 shares of the company’s stock worth $2,866,000 after acquiring an additional 137,151 shares in the last quarter. 24.15% of the stock is owned by hedge funds and other institutional investors.

Valkyrie Bitcoin Miners ETF Price Performance

WGMI stock opened at $20.52 on Friday. The company’s 50-day simple moving average is $23.91 and its 200-day simple moving average is $22.24. Valkyrie Bitcoin Miners ETF has a 52-week low of $12.76 and a 52-week high of $31.89.

Valkyrie Bitcoin Miners ETF Dividend Announcement

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

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.