VanEck Gaming ETF (NASDAQ:BJK) Stock Price Down 0.5% – Here’s Why

VanEck Gaming ETF (NASDAQ:BJK)’s stock price traded down 0.5% on Wednesday . The stock traded as low as $38.2350 and last traded at $38.2350. 606 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 2,757 shares. The stock had previously closed at $38.4250.

VanEck Gaming ETF Stock Down 0.5%

The firm’s 50 day simple moving average is $36.49 and its 200 day simple moving average is $36.70. The company has a market cap of $19.12 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 the business. Ascentis Independent Advisors acquired a new stake in VanEck Gaming ETF in the 1st quarter valued at approximately $27,000. Raymond James Financial Inc. acquired a new position in VanEck Gaming ETF during the 2nd quarter worth $46,000. Jane Street Group LLC acquired a new position in VanEck Gaming ETF during the 4th quarter worth $542,000. Finally, Flow Traders U.S. LLC bought a new position in shares of VanEck Gaming ETF in the third quarter worth $979,000.

About VanEck Gaming ETF

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.