MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Trading 0.1% Higher – Here’s Why

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) was up 0.1% during mid-day trading on Thursday . The stock traded as high as $102.86 and last traded at $102.86. Approximately 22 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 1,421 shares. The stock had previously closed at $102.79.

MSCI Kokusai Equity ETF Stock Performance

The company has a market cap of $625.89 million, a price-to-earnings ratio of 22.56 and a beta of 0.96. The firm’s 50-day moving average price is $102.43 and its 200 day moving average price is $99.14.

Institutional Investors 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 grew its position in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (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 quarter.

About MSCI Kokusai Equity ETF

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.