MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Unusually-High Trading Volume – What’s Next?

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw unusually-strong trading volume on Tuesday . Approximately 1,486 shares changed hands during mid-day trading, an increase of 726% from the previous session’s volume of 180 shares.The stock last traded at $105.95 and had previously closed at $106.31.

MSCI Kokusai Equity ETF Stock Performance

The firm’s 50-day simple moving average is $103.02 and its 200 day simple moving average is $101.00. The stock has a market capitalization of $653.19 million, a P/E ratio of 22.56 and a beta of 0.96.

Institutional Inflows and Outflows

An institutional investor recently raised its position in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC raised its position in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.06% of MSCI Kokusai Equity ETF worth $397,000 at the end of the most recent reporting period.

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.