MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Unusually-High Trading Volume – Time to Buy?

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw unusually-high trading volume on Wednesday . Approximately 168 shares traded hands during trading, a decline of 4% from the previous session’s volume of 175 shares.The stock last traded at $102.04 and had previously closed at $102.18.

MSCI Kokusai Equity ETF Stock Performance

The company has a fifty day simple moving average of $103.22 and a two-hundred day simple moving average of $101.70. The firm has a market capitalization of $619.47 million, a PE ratio of 24.33 and a beta of 1.01.

Institutional Investors Weigh In On MSCI Kokusai Equity ETF

An institutional investor recently raised its position in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted its holdings in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,942 shares of the company’s stock after buying an additional 800 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.06% of MSCI Kokusai Equity ETF worth $397,000 as of its most recent SEC filing.

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.