MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Unusually-High Trading Volume – What’s Next?

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw strong trading volume on Tuesday . 1,486 shares changed hands during mid-day trading, an increase of 726% from the previous session’s volume of 180 shares.The stock last traded at $105.95 and had previously closed at $106.31.

MSCI Kokusai Equity ETF Stock Down 0.1 %

The stock has a fifty day moving average of $103.02 and a 200-day moving average of $101.00. The firm has a market capitalization of $653.19 million, a P/E ratio of 22.56 and a beta of 0.96.

Hedge Funds 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 grew its position in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,942 shares of the company’s stock after buying 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.

MSCI Kokusai Equity ETF Company Profile

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.