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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw unusually-strong trading volume on Friday . Approximately 515 shares traded hands during trading, a decline of 8% from the previous session’s volume of 557 shares.The stock last traded at $99.71 and had previously closed at $100.50.

MSCI Kokusai Equity ETF Trading Down 1.4 %

The business has a 50 day moving average of $102.93 and a two-hundred day moving average of $101.90. The firm has a market cap of $606.62 million, a P/E ratio of 23.26 and a beta of 1.01.

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 stake in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,942 shares of the company’s stock after acquiring an additional 800 shares during the period. Flow Traders U.S. LLC owned 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.