VanEck Gaming ETF (NASDAQ:BJK) Shares Cross Below 200 Day Moving Average – Time to Sell?

VanEck Gaming ETF (NASDAQ:BJK)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $37.05 and traded as low as $36.17. VanEck Gaming ETF shares last traded at $36.7887, with a volume of 2,539 shares traded.

VanEck Gaming ETF Stock Performance

The stock has a market capitalization of $18.61 million, a price-to-earnings ratio of 17.77 and a beta of 0.98. The company has a fifty day simple moving average of $37.81 and a 200 day simple moving average of $37.05.

Hedge Funds Weigh In On VanEck Gaming ETF

An institutional investor recently bought a new stake in VanEck Gaming ETF stock. Ascentis Independent Advisors purchased a new position in shares of VanEck Gaming ETF (NASDAQ:BJK) in the first quarter, according to its most recent filing with the SEC. The firm purchased 776 shares of the company’s stock, valued at approximately $27,000. Ascentis Independent Advisors owned 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.