MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Large Volume Increase – Should You Buy?

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw an uptick in trading volume on Monday . 287 shares were traded during mid-day trading, an increase of 58% from the previous session’s volume of 182 shares.The stock last traded at $104.84 and had previously closed at $105.96.

MSCI Kokusai Equity ETF Stock Up 0.1 %

The firm has a market capitalization of $635.87 million, a PE ratio of 24.33 and a beta of 1.01. The company’s 50-day simple moving average is $103.10 and its 200 day simple moving average is $101.44.

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 increased its holdings in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.