Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Unusually-High Trading Volume – Still a Buy?

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares saw an uptick in trading volume on Thursday . 2,180 shares traded hands during 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 Trading Up 0.1%

The firm’s fifty day simple moving average is $117.77 and its 200 day simple moving average is $113.17. The company has a market cap of $705.31 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 lifted its stake in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 119.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,374 shares of the company’s stock after acquiring 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 filing with the Securities and Exchange Commission.

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.