MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Reaches New 1-Year High – What’s Next?

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $105.95 and last traded at $105.95, with a volume of 23 shares changing hands. The stock had previously closed at $104.79.

MSCI Kokusai Equity ETF Stock Performance

The business has a 50-day moving average of $102.89 and a 200-day moving average of $100.65. The stock has a market capitalization of $651.59 million, a price-to-earnings ratio of 22.56 and a beta of 0.96.

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 lifted its stake in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the period. Flow Traders U.S. LLC owned 0.06% of MSCI Kokusai Equity ETF worth $397,000 as of its most recent SEC filing.

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.