MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Unusually-High Trading Volume – Here’s Why

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw strong trading volume on Wednesday . 168 shares changed hands during trading, a decline of 4% from the previous session’s volume of 175 shares.The stock last traded at $102.04 and had previously closed at $102.18.

MSCI Kokusai Equity ETF Stock Up 0.1 %

The stock has a 50 day moving average price of $103.21 and a 200 day moving average price of $101.69. The stock has a market capitalization of $621.27 million, a price-to-earnings ratio of 24.33 and a beta of 1.01.

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 boosted its holdings in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

MSCI Kokusai Equity ETF Company Profile

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.