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

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 firm has a market capitalization of $613.95 million, a P/E ratio of 22.56 and a beta of 0.96. The stock has a 50 day simple moving average of $102.46 and a 200-day simple moving average of $99.53.

Institutional Trading of MSCI Kokusai Equity ETF

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

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.