iShares MSCI Israel ETF (NYSEARCA:EIS – Get Free Report) shares traded down 1.9% on Wednesday. The stock traded as low as $117.37 and last traded at $117.95. Approximately 57,730 shares changed hands during trading, a decline of 45% from the average session volume of 104,189 shares. The stock had previously closed at $120.23.
iShares MSCI Israel ETF Stock Down 1.9%
The company has a market capitalization of $855.14 million, a price-to-earnings ratio of 13.79 and a beta of 1.07. The stock’s fifty day moving average price is $122.87 and its 200-day moving average price is $124.21.
Institutional Investors Weigh In On iShares MSCI Israel ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nilsine Partners LLC boosted its stake in shares of iShares MSCI Israel ETF by 2.0% during the 2nd quarter. Nilsine Partners LLC now owns 79,749 shares of the company’s stock worth $9,627,000 after buying an additional 1,530 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares MSCI Israel ETF by 142.3% during the first quarter. Bank of America Corp DE now owns 60,056 shares of the company’s stock worth $6,969,000 after acquiring an additional 35,267 shares in the last quarter. CoreCap Advisors LLC raised its holdings in iShares MSCI Israel ETF by 9.4% during the second quarter. CoreCap Advisors LLC now owns 45,170 shares of the company’s stock worth $5,452,000 after acquiring an additional 3,883 shares in the last quarter. Royal Bank of Canada boosted its position in iShares MSCI Israel ETF by 24.7% during the first quarter. Royal Bank of Canada now owns 34,565 shares of the company’s stock valued at $4,011,000 after purchasing an additional 6,841 shares during the last quarter. Finally, Sepio Capital LP boosted its position in iShares MSCI Israel ETF by 0.8% during the fourth quarter. Sepio Capital LP now owns 20,888 shares of the company’s stock valued at $2,298,000 after purchasing an additional 161 shares during the last quarter.
About iShares MSCI Israel ETF
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.
Further Reading
- Five stocks we like better than iShares MSCI Israel ETF
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Receive News & Ratings for iShares MSCI Israel ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Israel ETF and related companies with MarketBeat.com's FREE daily email newsletter.
