Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sets New 52-Week High – Time to Buy?

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $122.29 and last traded at $122.1410, with a volume of 277 shares. The stock had previously closed at $121.37.

Xtrackers MSCI Kokusai Equity ETF Stock Performance

The firm has a market capitalization of $726.24 million, a P/E ratio of 23.23 and a beta of 0.99. The stock has a fifty day moving average price of $119.21 and a two-hundred day moving average price of $115.77.

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 position in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,264 shares of the company’s stock after purchasing an additional 1,234 shares during the quarter. 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.