iShares MSCI Israel ETF (NYSEARCA:EIS) Stock Price Up 0.5% – Here’s Why

Shares of iShares MSCI Israel ETF (NYSEARCA:EIS) rose 0.5% during mid-day trading on Wednesday . The stock traded as high as $124.13 and last traded at $123.26. Approximately 32,143 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 109,691 shares. The stock had previously closed at $122.62.

iShares MSCI Israel ETF Stock Up 1.0%

The firm has a market cap of $873.06 million, a P/E ratio of 13.79 and a beta of 1.05. The firm has a fifty day moving average of $121.98 and a 200-day moving average of $124.19.

Institutional Investors Weigh In On iShares MSCI Israel ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Allied Private Wealth LLC bought a new position in iShares MSCI Israel ETF during the second quarter worth about $29,000. Compass Financial Management LLC bought a new stake in iShares MSCI Israel ETF in the second quarter valued at approximately $37,000. Princeton Global Asset Management LLC raised its stake in iShares MSCI Israel ETF by 41.3% in the first quarter. Princeton Global Asset Management LLC now owns 428 shares of the company’s stock valued at $50,000 after buying an additional 125 shares during the period. Ascentis Independent Advisors bought a new stake in iShares MSCI Israel ETF in the first quarter valued at approximately $58,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in shares of iShares MSCI Israel ETF in the first quarter valued at approximately $58,000.

iShares MSCI Israel ETF Company Profile

The iShares MSCI Israel ETF (EIS) is an exchange-traded fund that is based on the MSCI Israel Capped index, a market-cap-weighted index of Israeli firms. EIS was launched on Mar 26, 2008 and is managed by BlackRock.