MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Strong Trading Volume

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw unusually-high trading volume on Friday . Approximately 4,006 shares traded hands during mid-day trading, an increase of 363% from the previous session’s volume of 866 shares.The stock last traded at $91.38 and had previously closed at $91.81.

MSCI Kokusai Equity ETF Stock Performance

The company has a market capitalization of $558.34 million, a P/E ratio of 22.31 and a beta of 0.96. The firm’s fifty day moving average is $90.63 and its 200-day moving average is $84.59.

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 lifted its holdings in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 30.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,078 shares of the company’s stock after purchasing an additional 4,475 shares during the period. Flow Traders U.S. LLC owned 0.27% of MSCI Kokusai Equity ETF worth $1,437,000 as of its most recent filing with the SEC.

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.