4,485 Shares in iShares MSCI Israel ETF $EIS Acquired by Israel Discount Bank of New York

Israel Discount Bank of New York bought a new stake in iShares MSCI Israel ETF (NYSEARCA:EIS) during the third quarter, HoldingsChannel reports. The institutional investor bought 4,485 shares of the company’s stock, valued at approximately $450,000. iShares MSCI Israel ETF makes up approximately 1.3% of Israel Discount Bank of New York’s portfolio, making the stock its 25th largest position.

A number of other large investors have also recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of iShares MSCI Israel ETF by 55.1% in the first quarter. Royal Bank of Canada now owns 17,203 shares of the company’s stock worth $1,278,000 after acquiring an additional 6,115 shares during the last quarter. Jane Street Group LLC purchased a new stake in iShares MSCI Israel ETF during the 1st quarter worth about $5,684,000. Envestnet Asset Management Inc. raised its stake in iShares MSCI Israel ETF by 9.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,575 shares of the company’s stock valued at $434,000 after purchasing an additional 393 shares during the last quarter. Allworth Financial LP lifted its holdings in iShares MSCI Israel ETF by 133.0% in the 2nd quarter. Allworth Financial LP now owns 953 shares of the company’s stock valued at $90,000 after purchasing an additional 544 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in iShares MSCI Israel ETF by 32.0% in the 2nd quarter. Cetera Investment Advisers now owns 9,536 shares of the company’s stock valued at $905,000 after purchasing an additional 2,314 shares in the last quarter.

iShares MSCI Israel ETF Price Performance

Shares of NYSEARCA EIS opened at $123.82 on Wednesday. The company has a 50-day simple moving average of $118.64 and a 200-day simple moving average of $106.99. The company has a market cap of $798.64 million, a PE ratio of 13.79 and a beta of 1.03. iShares MSCI Israel ETF has a 12 month low of $67.96 and a 12 month high of $126.16.

iShares MSCI Israel ETF 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.