Northwestern Mutual Wealth Management Co. Raises Stock Holdings in iShares MSCI Israel ETF $EIS

Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI Israel ETF (NYSEARCA:EIS) by 146,250.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 600,035 shares of the company’s stock after buying an additional 599,625 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 9.30% of iShares MSCI Israel ETF worth $66,022,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Creative Planning boosted its stake in shares of iShares MSCI Israel ETF by 3.5% in the third quarter. Creative Planning now owns 2,976 shares of the company’s stock worth $298,000 after acquiring an additional 100 shares during the period. Truist Financial Corp boosted its stake in iShares MSCI Israel ETF by 3.2% during the third quarter. Truist Financial Corp now owns 3,576 shares of the company’s stock valued at $359,000 after buying an additional 111 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares MSCI Israel ETF by 5.0% during the third quarter. Ameriprise Financial Inc. now owns 3,061 shares of the company’s stock valued at $307,000 after buying an additional 147 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares MSCI Israel ETF by 3.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,787 shares of the company’s stock valued at $673,000 after purchasing an additional 167 shares during the last quarter. Finally, Nadler Financial Group Inc. lifted its stake in shares of iShares MSCI Israel ETF by 4.9% in the 3rd quarter. Nadler Financial Group Inc. now owns 4,400 shares of the company’s stock valued at $441,000 after purchasing an additional 205 shares during the last quarter.

iShares MSCI Israel ETF Stock Performance

Shares of NYSEARCA EIS opened at $130.00 on Monday. The business’s 50 day moving average price is $124.80 and its 200-day moving average price is $117.09. The company has a market cap of $975 million, a price-to-earnings ratio of 13.79 and a beta of 1.03. iShares MSCI Israel ETF has a fifty-two week low of $80.56 and a fifty-two week high of $136.98.

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.