MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Large Volume Increase – Here’s What Happened

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw unusually-strong trading volume on Friday . Approximately 515 shares were traded during trading, a decline of 8% from the previous session’s volume of 557 shares.The stock last traded at $99.71 and had previously closed at $100.50.

MSCI Kokusai Equity ETF Price Performance

The stock has a 50 day moving average price of $102.93 and a two-hundred day moving average price of $101.90. The company has a market capitalization of $606.62 million, a price-to-earnings ratio of 23.26 and a beta of 1.01.

Institutional Inflows and Outflows

An institutional investor recently raised its position in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC increased its position in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Flow Traders U.S. LLC owned about 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.