MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sets New 52-Week High – Still a Buy?

Posted by Dante Gardener on Dec 2nd, 2024

MSCI Kokusai Equity ETF (NYSEARCA:KOKU – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $104.18 and last traded at $104.18, with a volume of 452 shares. The stock had previously closed at $104.05.

MSCI Kokusai Equity ETF Stock Up 0.1 %

The firm has a market cap of $640.71 million, a price-to-earnings ratio of 22.56 and a beta of 0.96. The firm has a fifty day moving average price of $101.29 and a 200-day moving average price of $97.92.

Hedge Funds Weigh In On MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted its holdings in MSCI Kokusai Equity ETF (NYSEARCA:KOKU – Free Report) by 25.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,942 shares of the company’s stock after buying an additional 800 shares during the period. Flow Traders U.S. LLC owned approximately 0.06% of MSCI Kokusai Equity ETF worth $397,000 at the end of the most recent reporting period.

About MSCI Kokusai Equity ETF

(Get Free Report)

The Xtrackers MSCI Kokusai Equity ETF (KOKU) is an exchange-traded fund that is based on the MSCI Kokusai (World ex Japan) index. The fund tracks a market cap-weighted index of large- and mid-cap developed market stocks outside of Japan. KOKU was launched on Apr 8, 2020 and is managed by Xtrackers.