VanEck Gaming ETF (NASDAQ:BJK) Stock Falls 0.3% – Here’s Why

VanEck Gaming ETF (NASDAQ:BJK)’s share price fell 0.3% during trading on Wednesday. The stock traded as low as $38.29 and last traded at $38.3866. Approximately 980 shares changed hands during trading, a decline of 64% from the average daily volume of 2,757 shares. The stock had previously closed at $38.5146.

VanEck Gaming ETF Trading Up 3.3%

The stock has a market capitalization of $19.38 million, a price-to-earnings ratio of 17.77 and a beta of 0.98. The stock’s 50 day moving average is $38.50 and its two-hundred day moving average is $37.16.

Institutional Investors Weigh In On VanEck Gaming ETF

A hedge fund recently bought a new position in VanEck Gaming ETF stock. Ascentis Independent Advisors acquired a new stake in shares of VanEck Gaming ETF (NASDAQ:BJK) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 776 shares of the company’s stock, valued at approximately $27,000. Ascentis Independent Advisors owned approximately 0.16% of VanEck Gaming ETF at the end of the most recent quarter.

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.