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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw strong trading volume on Tuesday . 312 shares changed hands during trading, an increase of 118% from the previous session’s volume of 143 shares.The stock last traded at $103.69 and had previously closed at $104.09.

MSCI Kokusai Equity ETF Price Performance

The firm has a market capitalization of $643.73 million, a PE ratio of 22.56 and a beta of 0.96. The firm’s fifty day moving average is $102.84 and its two-hundred day moving average is $100.34.

Institutional Inflows and Outflows

An institutional investor recently raised its position in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC lifted 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 & Exchange Commission. The firm owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the period. Flow Traders U.S. LLC owned 0.06% of MSCI Kokusai Equity ETF worth $397,000 as of its most recent filing with the Securities & Exchange Commission.

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.