VanEck Gaming ETF (NASDAQ:BJK) Trading Down 0.2% – Here’s Why

VanEck Gaming ETF (NASDAQ:BJK)’s stock price fell 0.2% on Wednesday . The stock traded as low as $39.2850 and last traded at $39.2850. 481 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 2,757 shares. The stock had previously closed at $39.37.

VanEck Gaming ETF Trading Down 0.2%

The business’s 50-day simple moving average is $37.24 and its 200-day simple moving average is $36.50. The company has a market capitalization of $19.64 million, a PE ratio of 17.77 and a beta of 0.98.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC raised its stake in shares of VanEck Gaming ETF by 26.4% during the 1st quarter. Jane Street Group LLC now owns 17,348 shares of the company’s stock valued at $649,000 after buying an additional 3,627 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of VanEck Gaming ETF in the 2nd quarter valued at about $46,000. Flow Traders U.S. LLC purchased a new stake in shares of VanEck Gaming ETF in the third quarter worth about $979,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of VanEck Gaming ETF in the first quarter worth about $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.