iShares MSCI Kokusai ETF (NYSEARCA:TOK) Shares Up 0.2% – Should You Buy?

iShares MSCI Kokusai ETF (NYSEARCA:TOK) shares traded up 0.2% on Thursday . The company traded as high as $117.02 and last traded at $117.02. 2,035 shares were traded during mid-day trading, an increase of 24% from the average session volume of 1,647 shares. The stock had previously closed at $116.77.

iShares MSCI Kokusai ETF Stock Performance

The firm has a market capitalization of $224.87 million, a price-to-earnings ratio of 21.58 and a beta of 0.94. The firm has a fifty day moving average price of $118.54 and a 200 day moving average price of $115.00.

Institutional Trading of iShares MSCI Kokusai ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC purchased a new position in iShares MSCI Kokusai ETF in the third quarter valued at about $203,000. Atria Investments Inc purchased a new stake in shares of iShares MSCI Kokusai ETF in the 3rd quarter worth about $239,000. Ascent Group LLC acquired a new stake in iShares MSCI Kokusai ETF in the 3rd quarter valued at about $280,000. Hanlon Investment Management Inc. purchased a new position in iShares MSCI Kokusai ETF during the 3rd quarter valued at about $299,000. Finally, CHB Investment Group LLC acquired a new position in iShares MSCI Kokusai ETF during the third quarter worth about $1,871,000.

iShares MSCI Kokusai ETF Company Profile

The iShares MSCI Kokusai ETF (TOK) 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. TOK was launched on Dec 10, 2007 and is managed by BlackRock.