Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Reaches New 1-Year High – Here’s Why

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $121.15 and last traded at $120.87, with a volume of 1192 shares traded. The stock had previously closed at $120.32.

Xtrackers MSCI Kokusai Equity ETF Trading Up 0.5%

The firm has a market capitalization of $710.72 million, a PE ratio of 23.23 and a beta of 0.99. The firm’s fifty day moving average price is $118.45 and its 200 day moving average price is $114.49.

Institutional Investors Weigh In On Xtrackers MSCI Kokusai Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC raised its stake in shares of Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% in the third quarter, according to its most recent 13F filing with the SEC. 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 about 0.31% of Xtrackers MSCI Kokusai Equity ETF worth $2,131,000 at the end of the most recent quarter.

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.