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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $106.31 and last traded at $106.21, with a volume of 1608 shares traded. The stock had previously closed at $106.31.

MSCI Kokusai Equity ETF Trading Down 0.1 %

The business’s 50-day moving average price is $103.02 and its 200-day moving average price is $101.00. The stock has a market cap of $653.19 million, a PE ratio of 22.56 and a beta of 0.96.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted 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 filing with the Securities and Exchange Commission. The fund 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 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.