MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Strong Trading Volume – Time to Buy?

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw strong trading volume on Friday . 126 shares were traded during mid-day trading, a decline of 30% from the previous session’s volume of 180 shares.The stock last traded at $103.55 and had previously closed at $101.29.

MSCI Kokusai Equity ETF Trading Down 1.4 %

The business has a fifty day moving average of $102.46 and a 200-day moving average of $99.53. The company has a market cap of $613.95 million, a PE ratio of 22.56 and a beta of 0.96.

Hedge Funds Weigh In On MSCI Kokusai Equity ETF

An institutional investor recently raised its position in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC increased its stake in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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.

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.