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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw unusually-high trading volume on Wednesday . 401 shares were traded during trading, an increase of 32% from the previous session’s volume of 304 shares.The stock last traded at $98.86 and had previously closed at $98.63.

MSCI Kokusai Equity ETF Price Performance

The stock has a market capitalization of $597.68 million, a P/E ratio of 23.60 and a beta of 1.01. The stock’s 50-day simple moving average is $103.09 and its 200 day simple moving average is $101.75.

Institutional Trading of MSCI Kokusai Equity ETF

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% in the third quarter, according to the company in its most recent filing with the 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 about 0.06% of MSCI Kokusai Equity ETF worth $397,000 as of its most recent SEC filing.

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.