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

MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw strong trading volume on Wednesday . 607 shares traded hands during mid-day trading, a decline of 5% from the previous session’s volume of 640 shares.The stock last traded at $100.24 and had previously closed at $100.70.

MSCI Kokusai Equity ETF Stock Performance

The stock has a market cap of $614.39 million, a PE ratio of 23.60 and a beta of 1.01. The stock has a 50 day moving average of $102.92 and a two-hundred day moving average of $101.77.

Hedge Funds Weigh In On MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC grew its holdings in MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 25.5% in the third quarter, according to its most recent Form 13F filing 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 period. 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.