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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw an uptick in trading volume on Tuesday . 322 shares were traded during trading, an increase of 128% from the previous session’s volume of 141 shares.The stock last traded at $104.42 and had previously closed at $104.69.

MSCI Kokusai Equity ETF Stock Down 0.3 %

The business’s fifty day simple moving average is $102.88 and its two-hundred day simple moving average is $100.56. The company has a market cap of $642.15 million, a price-to-earnings ratio of 22.56 and a beta of 0.96.

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 grew its position in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Flow Traders U.S. LLC owned about 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.