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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw an uptick in trading volume on Friday . 515 shares changed hands during mid-day 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 Stock Performance

The company has a market cap of $603.06 million, a P/E ratio of 23.26 and a beta of 1.01. The stock’s fifty day moving average price is $102.85 and its two-hundred day moving average price is $101.95.

Institutional Investors Weigh In On MSCI Kokusai Equity ETF

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