MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Trading 0.1% Higher – Time to Buy?

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) traded up 0.1% during mid-day trading on Thursday . The company traded as high as $102.86 and last traded at $102.86. 22 shares changed hands during trading, a decline of 98% from the average session volume of 1,421 shares. The stock had previously closed at $102.79.

MSCI Kokusai Equity ETF Stock Performance

The firm has a market cap of $632.59 million, a P/E ratio of 22.56 and a beta of 0.96. The firm’s fifty day moving average is $102.43 and its 200 day moving average is $99.09.

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 holdings in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,942 shares of the company’s stock after purchasing an additional 800 shares during the period. Flow Traders U.S. LLC owned about 0.06% of MSCI Kokusai Equity ETF worth $397,000 at the end of the most recent quarter.

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.