iShares MSCI Israel ETF (NYSEARCA:EIS) Hits New 12-Month High – Time to Buy?

Shares of iShares MSCI Israel ETF (NYSEARCA:EIS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $107.64 and last traded at $107.64, with a volume of 40201 shares trading hands. The stock had previously closed at $107.25.

iShares MSCI Israel ETF Stock Up 0.4%

The firm has a market capitalization of $527.44 million, a P/E ratio of 13.79 and a beta of 1.03. The firm has a 50 day moving average of $101.53 and a 200-day moving average of $94.86.

Institutional Trading of iShares MSCI Israel ETF

Several large investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in shares of iShares MSCI Israel ETF in the third quarter worth $25,000. Princeton Global Asset Management LLC grew its stake in iShares MSCI Israel ETF by 49.8% during the third quarter. Princeton Global Asset Management LLC now owns 301 shares of the company’s stock worth $30,000 after buying an additional 100 shares in the last quarter. Triumph Capital Management acquired a new stake in iShares MSCI Israel ETF during the third quarter worth about $37,000. AlphaCore Capital LLC bought a new position in iShares MSCI Israel ETF in the 3rd quarter valued at about $40,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares MSCI Israel ETF in the 3rd quarter valued at approximately $52,000.

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.