Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Hits New 52-Week High – Here’s What Happened

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares hit a new 52-week high during trading on Friday . The stock traded as high as $118.84 and last traded at $118.75, with a volume of 232 shares trading hands. The stock had previously closed at $117.81.

Xtrackers MSCI Kokusai Equity ETF Stock Performance

The company has a market capitalization of $697.49 million, a price-to-earnings ratio of 23.23 and a beta of 1.02. The company has a 50 day moving average price of $115.51 and a 200 day moving average price of $109.10.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC raised its holdings in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 119.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,374 shares of the company’s stock after purchasing an additional 4,551 shares during the quarter. Flow Traders U.S. LLC owned 0.14% of Xtrackers MSCI Kokusai Equity ETF worth $827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.