VanEck Gaming ETF (NASDAQ:BJK) Shares Down 0.1% – Should You Sell?

VanEck Gaming ETF (NASDAQ:BJK)’s stock price dropped 0.1% during trading on Monday . The stock traded as low as $46.68 and last traded at $47.12. Approximately 16,373 shares traded hands during mid-day trading, an increase of 498% from the average daily volume of 2,738 shares. The stock had previously closed at $47.17.

VanEck Gaming ETF Stock Performance

The company has a market capitalization of $29.69 million, a P/E ratio of 17.77 and a beta of 1.30. The firm’s fifty day moving average is $44.82 and its 200-day moving average is $41.07.

Institutional Investors Weigh In On VanEck Gaming ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its holdings in VanEck Gaming ETF by 14.9% during the 2nd quarter. Jane Street Group LLC now owns 19,932 shares of the company’s stock worth $846,000 after acquiring an additional 2,584 shares during the last quarter. LaSalle St. Investment Advisors LLC bought a new stake in VanEck Gaming ETF during the 1st quarter worth approximately $224,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in VanEck Gaming ETF during the 2nd quarter worth approximately $93,000. Finally, Raymond James Financial Inc. bought a new stake in VanEck Gaming ETF during the 2nd quarter worth approximately $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.