Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Hits New 12-Month High – What’s Next?

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares hit a new 52-week high on Thursday . The stock traded as high as $108.46 and last traded at $107.45, with a volume of 1684 shares. The stock had previously closed at $107.62.

Xtrackers MSCI Kokusai Equity ETF Price Performance

The firm’s 50-day simple moving average is $103.92 and its two-hundred day simple moving average is $101.98. The company has a market capitalization of $672.10 million, a price-to-earnings ratio of 22.57 and a beta of 1.02.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted its stake in shares of Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 119.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,374 shares of the company’s stock after buying an additional 4,551 shares during the quarter. Flow Traders U.S. LLC owned 0.14% of Xtrackers MSCI Kokusai Equity ETF worth $827,000 as of its most recent filing with the Securities and Exchange Commission.

Xtrackers MSCI Kokusai Equity ETF Company Profile

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.