iShares MSCI Kokusai ETF (NYSEARCA:TOK) Stock Price Down 1.1% – Should You Sell?

iShares MSCI Kokusai ETF (NYSEARCA:TOKGet Free Report)’s stock price dropped 1.1% during mid-day trading on Monday . The stock traded as low as $99.96 and last traded at $102.66. Approximately 12,353 shares traded hands during trading, an increase of 23% from the average daily volume of 10,061 shares. The stock had previously closed at $103.75.

iShares MSCI Kokusai ETF Stock Down 1.1 %

The business has a 50-day moving average of $117.29 and a 200-day moving average of $117.64. The stock has a market cap of $179.66 million, a price-to-earnings ratio of 22.77 and a beta of 0.99.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

Large investors have recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in iShares MSCI Kokusai ETF during the fourth quarter worth $10,038,000. SBI Securities Co. Ltd. acquired a new position in shares of iShares MSCI Kokusai ETF during the 4th quarter valued at about $4,841,000. Resona Asset Management Co. Ltd. bought a new position in shares of iShares MSCI Kokusai ETF in the 4th quarter valued at approximately $1,884,000. LPL Financial LLC lifted its holdings in iShares MSCI Kokusai ETF by 99.8% in the 4th quarter. LPL Financial LLC now owns 23,797 shares of the company’s stock worth $2,761,000 after purchasing an additional 11,885 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management UK Ltd. boosted its position in iShares MSCI Kokusai ETF by 3.0% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 141,900 shares of the company’s stock worth $16,465,000 after purchasing an additional 4,100 shares during the period.

About iShares MSCI Kokusai ETF

(Get Free Report)

The iShares MSCI Kokusai ETF (TOK) 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. TOK was launched on Dec 10, 2007 and is managed by BlackRock.

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