MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Strong Trading Volume – Here’s What Happened

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw an uptick in trading volume on Friday . 86 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 139 shares.The stock last traded at $102.69 and had previously closed at $101.84.

MSCI Kokusai Equity ETF Stock Up 0.8 %

The company has a market cap of $631.51 million, a price-to-earnings ratio of 22.56 and a beta of 0.96. The company has a 50 day moving average price of $102.43 and a 200-day moving average price of $99.66.

Institutional Trading of MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC grew its stake in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,942 shares of the company’s stock after buying an additional 800 shares during the period. Flow Traders U.S. LLC owned 0.06% of MSCI Kokusai Equity ETF worth $397,000 at the end of the most recent reporting period.

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.