VanEck Gaming ETF (NASDAQ:BJK) Trading Down 0.3% – What’s Next?

VanEck Gaming ETF (NASDAQ:BJK) shares dropped 0.3% during mid-day trading on Monday . The stock traded as low as $35.22 and last traded at $35.29. Approximately 3,592 shares traded hands during trading, an increase of 34% from the average daily volume of 2,682 shares. The stock had previously closed at $35.40.

VanEck Gaming ETF Stock Performance

The company has a market cap of $19.18 million, a P/E ratio of 17.77 and a beta of 1.11. The stock has a 50-day simple moving average of $37.47 and a 200 day simple moving average of $40.84.

VanEck Gaming ETF Dividend Announcement

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

Hedge Funds Weigh In On VanEck Gaming ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Lion Street Advisors LLC bought a new stake in VanEck Gaming ETF in the third quarter valued at $683,000. Jane Street Group LLC acquired a new stake in shares of VanEck Gaming ETF in the 4th quarter valued at $542,000. Flow Traders U.S. LLC acquired a new stake in shares of VanEck Gaming ETF in the 3rd quarter valued at $979,000. Finally, Raymond James Financial Inc. bought a new stake in shares of 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.