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

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw strong trading volume on Friday . 126 shares were traded during 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 Stock Up 2.2 %

The stock has a 50 day moving average price of $102.46 and a two-hundred day moving average price of $99.47. The company has a market cap of $636.83 million, a P/E ratio of 22.56 and a beta of 0.96.

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 raised its holdings in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,942 shares of the company’s stock after purchasing 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.