Zacks Investment Management Invests $1.29 Million in iShares MSCI Israel ETF (NYSEARCA:EIS)

Zacks Investment Management acquired a new stake in iShares MSCI Israel ETF (NYSEARCA:EIS) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 16,784 shares of the company’s stock, valued at approximately $1,293,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares MSCI Israel ETF in the fourth quarter worth about $47,000. Spire Wealth Management bought a new position in iShares MSCI Israel ETF in the 4th quarter worth approximately $58,000. Bernard Wealth Management Corp. purchased a new position in iShares MSCI Israel ETF in the 4th quarter valued at approximately $95,000. Jones Financial Companies Lllp raised its holdings in iShares MSCI Israel ETF by 333.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,973 shares of the company’s stock valued at $152,000 after acquiring an additional 1,518 shares during the period. Finally, Perennial Investment Advisors LLC purchased a new stake in shares of iShares MSCI Israel ETF during the fourth quarter worth $209,000.

iShares MSCI Israel ETF Stock Performance

Shares of NYSEARCA EIS opened at $75.27 on Friday. iShares MSCI Israel ETF has a fifty-two week low of $57.20 and a fifty-two week high of $84.00. The stock has a market cap of $240.86 million, a PE ratio of 12.00 and a beta of 1.01. The stock has a fifty day moving average of $77.07 and a 200-day moving average of $75.22.

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.