iShares MSCI Israel ETF (NYSEARCA:EIS) Shares Up 0.3% – Still a Buy?

iShares MSCI Israel ETF (NYSEARCA:EIS) shares traded up 0.3% during trading on Monday . The stock traded as high as $120.20 and last traded at $119.65. 59,000 shares changed hands during trading, a decline of 54% from the average daily volume of 127,768 shares. The stock had previously closed at $119.35.

iShares MSCI Israel ETF Price Performance

The company has a 50 day moving average price of $123.20 and a two-hundred day moving average price of $123.55. The stock has a market cap of $891.39 million, a PE ratio of 13.79 and a beta of 1.05.

Institutional Investors Weigh In On iShares MSCI Israel ETF

Several large investors have recently bought and sold shares of EIS. O Shaughnessy Asset Management LLC bought a new stake in iShares MSCI Israel ETF in the 4th quarter worth about $26,000. Allied Private Wealth LLC bought a new position in iShares MSCI Israel ETF during the 2nd quarter valued at about $29,000. Triumph Capital Management bought a new position in iShares MSCI Israel ETF during the 3rd quarter valued at about $37,000. Princeton Global Asset Management LLC boosted its holdings in shares of iShares MSCI Israel ETF by 41.3% during the 1st quarter. Princeton Global Asset Management LLC now owns 428 shares of the company’s stock valued at $50,000 after acquiring an additional 125 shares during the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in shares of iShares MSCI Israel ETF during the 1st quarter valued at about $58,000.

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.