Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sets New 52-Week High – Should You Buy?

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $107.61 and last traded at $107.36, with a volume of 273 shares traded. The stock had previously closed at $107.39.

Xtrackers MSCI Kokusai Equity ETF Trading Down 0.0%

The firm has a market capitalization of $652.74 million, a PE ratio of 22.57 and a beta of 1.00. The firm’s fifty day moving average price is $99.71 and its 200 day moving average price is $101.59.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC grew its stake in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 119.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,374 shares of the company’s stock after purchasing an additional 4,551 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.14% of Xtrackers MSCI Kokusai Equity ETF worth $827,000 as of its most recent SEC filing.

About Xtrackers 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.