MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sets New 1-Year High – What’s Next?

Shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) hit a new 52-week high during trading on Tuesday . The stock traded as high as $103.46 and last traded at $103.46, with a volume of 332 shares traded. The stock had previously closed at $102.93.

MSCI Kokusai Equity ETF Price Performance

The firm’s 50-day moving average price is $100.95 and its 200 day moving average price is $97.63. The firm has a market cap of $636.28 million, a P/E ratio of 22.56 and a beta of 0.96.

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 lifted its stake in shares of MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% during the third quarter, according to the company in its most recent disclosure 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 quarter. Flow Traders U.S. LLC owned about 0.06% of MSCI Kokusai Equity ETF worth $397,000 at the end of the most recent reporting period.

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.