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

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw an uptick in trading volume on Tuesday . 1,486 shares traded hands during 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 business’s fifty day moving average price is $103.05 and its two-hundred day moving average price is $101.04. The stock has a market capitalization of $648.48 million, a P/E 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 position in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 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.