VanEck Gaming ETF (NASDAQ:BJK) Trading Down 2% – Here’s Why

VanEck Gaming ETF (NASDAQ:BJK)’s share price traded down 2% during mid-day trading on Wednesday . The stock traded as low as $39.75 and last traded at $39.76. 1,022 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 1,081 shares. The stock had previously closed at $40.58.

VanEck Gaming ETF Price Performance

The stock has a market cap of $21.87 million, a P/E ratio of 17.77 and a beta of 1.11. The company has a fifty day moving average of $41.27 and a 200 day moving average of $43.36.

VanEck Gaming ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $1.3636 dividend. This represents a dividend yield of 332.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC raised its position in VanEck Gaming ETF by 26.4% in the first quarter. Jane Street Group LLC now owns 17,348 shares of the company’s stock worth $649,000 after acquiring an additional 3,627 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of VanEck Gaming ETF in the 2nd quarter worth approximately $93,000. Raymond James Financial Inc. bought a new stake in shares of VanEck Gaming ETF in the 2nd quarter worth approximately $46,000. Lion Street Advisors LLC bought a new stake in shares of VanEck Gaming ETF in the 3rd quarter worth approximately $683,000. Finally, Flow Traders U.S. LLC acquired a new stake in VanEck Gaming ETF during the third quarter valued at approximately $979,000.

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.