VanEck Gaming ETF (NASDAQ:BJK) Stock Price Down 1% – What’s Next?

VanEck Gaming ETF (NASDAQ:BJK) shares traded down 1% on Wednesday . The company traded as low as $39.2696 and last traded at $39.2696. 797 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 2,757 shares. The stock had previously closed at $39.6845.

VanEck Gaming ETF Trading Down 1.0%

The stock’s 50-day moving average price is $38.51 and its two-hundred day moving average price is $36.71. The stock has a market capitalization of $19.63 million, a P/E ratio of 17.77 and a beta of 0.98.

Hedge Funds Weigh In On VanEck Gaming ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Ascentis Independent Advisors purchased a new stake in VanEck Gaming ETF in the first quarter worth $27,000. Jane Street Group LLC bought a new position in shares of VanEck Gaming ETF during the 4th quarter worth $542,000. Flow Traders U.S. LLC purchased a new stake in VanEck Gaming ETF in the 3rd quarter worth about $979,000. Finally, Raymond James Financial Inc. purchased a new stake in VanEck Gaming ETF in the 2nd quarter worth about $46,000.

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.