Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Shares Down 1.2% – Time to Sell?

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) shares were down 1.2% during trading on Tuesday . The stock traded as low as $117.22 and last traded at $117.70. Approximately 393 shares traded hands during trading, a decline of 74% from the average daily volume of 1,513 shares. The stock had previously closed at $119.08.

Xtrackers MSCI Kokusai Equity ETF Price Performance

The firm has a market capitalization of $692.08 million, a PE ratio of 23.23 and a beta of 0.99. The business’s 50-day moving average price is $116.37 and its 200-day moving average price is $110.52.

Hedge Funds 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 increased its holdings in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 119.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,374 shares of the company’s stock after buying an additional 4,551 shares during the period. Flow Traders U.S. LLC owned about 0.14% of Xtrackers MSCI Kokusai Equity ETF worth $827,000 as of its most recent SEC filing.

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.