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

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw unusually-high trading volume on Wednesday . Approximately 1,070 shares changed hands during trading, a decline of 22% from the previous session’s volume of 1,366 shares.The stock last traded at $120.37 and had previously closed at $120.77.

Xtrackers MSCI Kokusai Equity ETF Stock Performance

The business’s fifty day moving average price is $118.86 and its 200-day moving average price is $114.97. The stock has a market cap of $707.45 million, a PE ratio of 23.23 and a beta of 0.99.

Institutional Inflows and Outflows

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

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.