VanEck Gaming ETF (NASDAQ:BJK) Trading Up 0.8% – Still a Buy?

Shares of VanEck Gaming ETF (NASDAQ:BJK) were up 0.8% on Tuesday . The stock traded as high as $34.91 and last traded at $34.72. Approximately 3,061 shares changed hands during trading, an increase of 11% from the average daily volume of 2,757 shares. The stock had previously closed at $34.4474.

VanEck Gaming ETF Stock Performance

The firm has a market capitalization of $17.36 million, a PE ratio of 17.77 and a beta of 0.98. The company’s fifty day moving average price is $35.68 and its two-hundred day moving average price is $37.64.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BJK. Jane Street Group LLC boosted its holdings 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 valued at $649,000 after acquiring an additional 3,627 shares during the last quarter. Raymond James Financial Inc. acquired a new position in VanEck Gaming ETF in the second quarter valued at $46,000. Lion Street Advisors LLC acquired a new position in VanEck Gaming ETF in the third quarter valued at $683,000. Flow Traders U.S. LLC acquired a new position in VanEck Gaming ETF in the third quarter valued at $979,000. Finally, Ascentis Independent Advisors acquired a new position in VanEck Gaming ETF in the first quarter valued at $27,000.

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.