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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw unusually-strong trading volume on Tuesday . Approximately 149 shares were traded during trading, an increase of 1% from the previous session’s volume of 147 shares.The stock last traded at $103.03 and had previously closed at $104.85.

MSCI Kokusai Equity ETF Stock Down 0.7 %

The company has a market cap of $640.31 million, a price-to-earnings ratio of 22.56 and a beta of 0.96. The business has a 50-day simple moving average of $102.63 and a two-hundred day simple moving average of $100.04.

Institutional Trading of MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted its holdings in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Flow Traders U.S. LLC owned 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.