Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Large Volume Increase – Here’s What Happened

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw strong trading volume on Thursday . 2,180 shares were traded during mid-day trading, an increase of 52% from the previous session’s volume of 1,431 shares.The stock last traded at $119.59 and had previously closed at $119.18.

Xtrackers MSCI Kokusai Equity ETF Stock Up 0.2%

The stock has a 50 day moving average of $117.60 and a 200 day moving average of $113.03. The company has a market capitalization of $705.15 million, a price-to-earnings ratio of 23.23 and a beta of 0.99.

Institutional Investors Weigh In On Xtrackers MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC increased its position in shares of Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,264 shares of the company’s stock after buying an additional 1,234 shares during the period. Flow Traders U.S. LLC owned 0.31% of Xtrackers MSCI Kokusai Equity ETF worth $2,131,000 at the end of the most recent reporting period.

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.