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

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) reached a new 52-week high during mid-day trading on Monday . The stock 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 Price Performance

The company has a market capitalization of $726.24 million, a price-to-earnings ratio of 23.23 and a beta of 0.99. The firm’s fifty day simple moving average is $119.21 and its 200 day simple moving average is $115.77.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC increased its holdings in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,264 shares of the company’s stock after acquiring 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 reporting period.

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.