VanEck Gaming ETF (NASDAQ:BJK) Stock Price Down 0.6% – Should You Sell?

VanEck Gaming ETF (NASDAQ:BJK) traded down 0.6% during mid-day trading on Wednesday . The company traded as low as $37.02 and last traded at $37.0938. Approximately 1,455 shares changed hands during trading, a decline of 47% from the average session volume of 2,757 shares. The stock had previously closed at $37.3035.

VanEck Gaming ETF Stock Performance

The company’s 50 day moving average price is $35.85 and its 200 day moving average price is $37.02. The company has a market cap of $18.55 million, a price-to-earnings ratio of 17.77 and a beta of 0.98.

Hedge Funds Weigh In On VanEck Gaming ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BJK. Flow Traders U.S. LLC bought a new position in shares of VanEck Gaming ETF in the third quarter valued at about $979,000. Jane Street Group LLC bought a new position in VanEck Gaming ETF in the 4th quarter worth approximately $542,000. Raymond James Financial Inc. acquired a new position in VanEck Gaming ETF during the 2nd quarter worth $46,000. Finally, Ascentis Independent Advisors acquired a new position in VanEck Gaming ETF during the 1st quarter worth $27,000.

VanEck Gaming ETF Company Profile

The VanEck Gaming ETF (BJK) is an exchange-traded fund that is based on the MVIS Global Gaming index, a market-cap-weighted index of global companies that generate at least 50% of revenues from gaming and related activities. BJK was launched on Jan 22, 2008 and is managed by VanEck.